The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2023
Born: 1946, New York, NY, USA
Affiliation at the time of the award: Harvard University, Cambridge, MA, USA
Prize motivation: “for having advanced our understanding of women’s labour market outcomes”
Prize share: 1/1
Women are vastly underrepresented in the global labour market and, when they work, they earn less than men. Claudia Goldin has demonstrated how and why gender differences in earnings and employment rates have changed over time in the United States. The participation of married women decreased with the transition from an agrarian to an industrial society in the 19th century, but increased with the growth of the service sector in the 20th century. Goldin explained this pattern as the result of structural change and evolving social norms regarding women’s responsibilities for home and family.
See them all presented here.