American economic historian Claudia Goldin has been awarded the 2023 Nobel Prize in Economics for her groundbreaking research on wage inequality between men and women. The Royal Swedish Academy of Sciences announced this prestigious award as the final Nobel Prize of the year, with a monetary value of 11 million Swedish crowns, or just under $1 million.
Claudia Goldin, affiliated with Harvard University, was recognized for her significant contributions to advancing the understanding of women’s roles in the labor market. The Royal Swedish Academy of Sciences specifically highlighted her achievement in providing the first comprehensive account of women’s earnings and their participation in the labor market throughout history.
The Nobel Prize in Economics is formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. Claudia Goldin’s work sheds light on the crucial issue of gender wage inequality, a topic of immense social and economic importance, and her research has greatly enhanced our knowledge in this field.
