The Nobel in economics goes to Claudia Goldin, specialist in women’s employment

2023-10-09 10:38:00

Favorite of this prize, Claudia Golding was rewarded for having “advanced our understanding of the situation of women in the labor market”, announced the Nobel jury.

Professor at Harvard and specialist in labor and economic history, she is only the third woman since the creation of the economics prize to be rewarded.

Until now, only the American Elinor Ostrom (2009) and the Franco-American Esther Duflo (2019) had won it.

“Claudia Goldin’s research has given us new and often surprising insight into the historical and contemporary role of women in the workforce”clarified the jury.

Specialist in economic history, “it highlighted the main factors of differences between men and women” and how they have evolved over the last two centuries as industrialization progressed with a decline in women’s work during the 19th century, according to the jury’s press release.

“Ceiling the Distant”

Globally, around 50% of women participate in the workforce, compared to 80% of men, and women earn less and “are less likely to reach the top of the professional ladder”, facing the “ceiling the distant” noted Nobel committee member Randi Hjalmarsson.

“Claudia Goldin delved into archives and collected more than 200 years of data on the United States, allowing her to show how and why differences in income and employment rates between men and women have evolved over time”according to the jury.

Last year, the prize went to Ben Bernanke, the former president of the American central bank (Fed) and his compatriots Douglas Diamond and Philip Dybvig, for their work on banks and their necessary rescues during financial storms.

The only one not to have been provided for in Alfred Nobel’s will, the economics prize “in memory” of the inventor was added much later to the five traditional prizes, earning him the nickname of “fake Nobel”.

In 1968, on the occasion of its tercentenary, the central bank of Sweden (Riksbank), the oldest in the world, established an economic sciences prize in memory of Alfred Nobel, by making available to the Nobel Foundation a sum annual equivalent to the amount of the other prizes.

For the winners of the 2023 vintage, the check accompanying the prize is now 11 million crowns (920,000 euros), the highest nominal value (in Swedish currency) in the more than century-old history of the prize.

The most prestigious Nobel Prize, that of peace, was awarded Friday to imprisoned Iranian activist Narges Mohammadi.

Previously, the Norwegian Jon Fosse had been rewarded in literature. The chemistry prize was awarded to Moungi Bawendi, Louis Brus and Alexei Ekimov for their work on nanoparticles called quantum dots.

In physics, three specialists in the movement of electrons were awarded the prize, Anne L’Huillier, Pierre Agostini and Ferenc Krausz, and in medicine a duo, Katalin Kariko and Drew Weissman, for their progress on the messenger RNA vaccine.

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