14-10-2023 | 18:55 PM
The Nobel Prize in Economics for 2023 was awarded to Harvard University professor Claudia Goldin for research that has advanced the understanding of the gender gap in the labour market.
Key Highlights:
Claudia Goldin became the third woman to receive the Nobel Prize in economics
She provided the first comprehensive account of women’s earnings and labour market participation through the centuries.
She has studied 200 years of women’s participation in the workplace, showing that despite continued economic growth, women’s pay did not continuously catch up to men’s and a divide still exists despite women gaining higher levels of education than men.
The first prize in economic sciences was awarded to Ragnar Frisch and Jan Tinbergen in 1969.
It is awarded by the Royal Swedish Academy of Sciences, Stockholm, Sweden, according to the same principles as for the Nobel Prizes that have been awarded since 1901.
In 1968, Sveriges Riksbank (Sweden’s central bank) established the Prize in Economic Sciences in Memory of Alfred Nobel, founder of the Nobel Prize.
