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2023 Nobel Memorial Prize in Economic Sciences

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The 2023 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel
"for having advanced our understanding of women's labour market outcomes."
Date
  • 9 October 2023
    (announcement)
  • 10 December 2023
    (ceremony)
LocationStockholm
CountrySweden
Presented byRoyal Swedish Academy of Sciences
Reward(s)11 million SEK (2023)[1]
First awarded1969
WebsiteOfficial website
← 2022 · Nobel Memorial Prize in Economic Sciences · 2024 →

The 2023 Nobel Memorial Prize in Economic Sciences was awarded to the American economist Claudia Goldin (born 1946) "for having advanced our understanding of women's labour market outcomes."[2][3][4] At age 77, she became the third woman to have won the economics Nobel, which was first awarded in 1969, and the first woman to win the award solo.[3][5] The pressed release of the Royal Swedish Academy of Sciences noted:

"This year’s Laureate in the Economic Sciences, Claudia Goldin, provided the first comprehensive account of women’s earnings and labour market participation through the centuries. Her research reveals the causes of change, as well as the main sources of the remaining gender gap."[6]

Goldin's key contribution to economics was her vast analysis of historical experience of women in the economy, especially on women's work and labor market outcomes as well as the root causes of the gender pay gap.[3][4]

Laureate

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Main article: Claudia Goldin

Goldin studied economics at Cornell University, where she graduated with a bachelor's degree in 1967, and the University of Chicago, where she graduated with a master's and a doctorate in 1969 and 1972, respectively. At the University of Wisconsin, Princeton University, Harvard University, and the University of Pennsylvania, among other universities, she served as a professor or lecturer of economics. She was named Henry Lee Professor of Economics and Lee and Ezpeleta Professor of Arts and Sciences at Harvard after becoming the first woman to be appointed to a tenure-track economics professorship in 1990.[7] In addition, Goldin was president of the Economic History Association, director of the National Bureau of Economic Research's (NBER) Development of the American Economy Program, and president of the American Economic Association, and co-director of the NBER's Gender in the Economy working group.[8]

Nobel Committee

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The following members of Royal Swedish Academy of Sciences were in charge of the selection of the Nobel laureates for economic sciences:[9]

Members

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  • Per Krusell, professor of economics; secretary
  • Jakob Svensson, professor of economics; chair
  • Peter Fredriksson, professor of economics
  • John Hassler, professor of economics
  • Ingrid Werner, professor of finance
  • Tommy Andersson, professor of economics

Co-opted Members

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  • Christofer Edling, professor of sociology
  • Per Johansson, professor of statistics
  • Timo Boppart, associate professor
  • Kerstin Enflo, professor of economic history
  • Randi Hjalmarsson, professor of economics

References

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  1. ^ "The Nobel Prize amounts". Nobelprize.org. Archived from the original on 2018-07-20. Retrieved 2021-10-08.
  2. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2023". nobelprize.org. Retrieved 10 December 2023.
  3. ^ a b c Jeanna Smialek (9 October 2023). "Claudia Goldin Wins Nobel in Economics for Studying Women in the Work Force". The New York Times. Retrieved 12 October 2023.
  4. ^ a b Claire Cain Miller (11 October 2023). "Claudia Goldin's Nobel-Winning Research Shows 'Why Women Won'". The New York Times. Retrieved 12 October 2023.
  5. ^ Johnson, Simon; Ahlander, Johan (9 October 2023). "Nobel economics prize goes to Claudia Goldin". Reuters. Retrieved 12 October 2023 – via reuters.com.
  6. ^ "The Prize in Economic Sciences 2023 – Press release". nobelprize.org. Retrieved 12 October 2023.
  7. ^ "Bio for Claudia Goldin". scholar.harvard.edu. Retrieved 12 October 2023.
  8. ^ Walker, Peter J. (December 2018). "Profile of Harvard Economist Claudia Goldin". IMF Finance & Development Magazine. IMF.
  9. ^ "The Economic Sciences Prize Committee". nobelprize.org. Retrieved 12 October 2023.
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