Economist studying workplace gender gap wins Nobel prize

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Economist studying workplace gender gap wins Nobel prize
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The winner of the 2023 Prize in Economic Sciences in Memory of Alfred Nobel American economist Claudia Goldin is seen on a display as (L-R) the chair of the Committee for the Prize in Economic Sciences in Memory of Alfred Nobel, Jakob Svensson, the Secretary General of the Royal Swedish Academy of Sciences Hans Ellegren and committee member Randi Hjalmarsson address a press conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden, on October 9, 2023. The Nobel Economics Prize was

The Nobel economics prize was awarded Monday to Claudia Goldin, a professor at Harvard University, for advancing the understanding of the gender gap in the labour market.

Goldin is only the third woman to win the prize, which was announced by Hans Ellegren, secretary general of the Royal Swedish Academy of Sciences, in Stockholm. Goldin does not offer solutions, but her research allows policymakers to tackle the entrenched problem, said Randi Hjalmarsson, a member of the prize committee."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.

Last year's winners were former U.S. Federal Reserve Chair Ben Bernanke, Douglas W. Diamond and Philip Dybvig for their research into bank failures that helped shape America's aggressive response to the 2007-2008 financial crisis.Scientists who spurred development of mRNA COVID-19 vaccines win Nobel medicine prize

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