The Nobel economics prize was awarded Monday to Harvard University professor Claudia Goldin for research that has advanced the understanding of the gender gap in the labor market.
STOCKHOLM — The announcement went a tiny step to closing the Nobel committee’s own gender gap: Goldin is just the third woman to win the prize out of 93 economics laureates. 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. “I’ve always been an optimist.
“So how did Claudia Goldin overcome this missing data challenge? She had to be a detective to dig through the archives to find novel data sources and creative ways to use them to measure these unknowns,” Hjalmarsson said. In Goldin’s analysis, a woman’s role in the job market and the pay she receives aren’t influenced just by broad social and economic changes. They also are determined partly by her individual decisions about, for example, how much education to get.
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