Claudia Goldin is the third woman to win the prize out of 93 economics laureates.
Claudia Goldin speaks to a reporter on the phone in her home in Cambridge, Mass. after learning that she received the Nobel Prize in Economics Monday, Oct. 9, 2023. STOCKHOLM — The Nobel economics prize was awarded Monday to Harvard University professor Claudia Goldin for research that has advanced the understanding of the gender gap in the labor market.
“I’ve always been an optimist. But when I look at the numbers, I think something has happened in America, that we, in the 1990s, our labor force participation rate for women was the highest in the world, and now it isn’t the highest in the world,” Goldin told The Associated Press. “She explains the source of the gap, and how it’s changed over time and how it varies with the stage of development. And therefore, there is no single policy,” Hjalmarsson said. “So it’s a complicated policy question because if you don’t know the underlying reason, a certain policy won’t work.”
“Ways in which we can even things out or to create more couple equity also leads to more gender equality,” she said. In Goldin’s analysis, a woman’s role in the job market and the pay she receives aren’t influenced just by broad social and economic changes. They also are determined partly by her individual decisions about, for example, how much education to get.
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