Goldin wins Economics Nobel
for work on gender pay gap
NICLAS ROLANDER
9 October
Claudia Goldin became the third
woman to receive the Nobel Prize in
economics as the US professor was
awarded for her research
into the factors that
explain pay gaps
between men and
women.
Goldin will receive a
11 million-krona ($1
million) award, the Royal
Swedish Academy of Sciences in
Stockholm said in a statement Monday.
“Understanding women’s role in the
labor market is important for society,”
Jakob Svensson, chair of the Committee
for the Prize in Economic Sciences said.
“Thanks to Claudia Goldin’s
groundbreaking research, we now know
more about the underlying factors and
which barriers may need to be
addressed in the future.”
‘GROUNDBREAKING’ RESEARCH
Claudia Goldin, who in Goldin provided the first
1990 became the first comprehensive account
woman to be tenured of women’s earnings
at Harvard’s economics and labour market
dept, is only the third participation through
woman to win the centuries, the
Economics Nobel prize-giving body said
Difference in pay between men and women
could be reduced if employers allowed
employees more flexibility in choosing work
hours, Goldin said earlier
Born in 1946 in New York, Goldin is a the birth of the first child. That
professor at Harvard University who understanding provides a basis for
used more than 200 years of data to policymakers globally to address the
show that while the pay gaps could situation, Randi Hjalmarsson, a
historically be explained by differences professor of economics at the University
in education and occupational choices, of Gothenburg, told a press conference
they now exist between men and after announcing the award. BLOOMBERG
women in the same jobs, and arise with Turn to Page 6 >
all of its taxing powers.

Nobel Prize...
“You can’t treat an illness with
a medication without knowing
what it is and what causes it,”
she said. “She has provided this
underlying foundation that has
different policy implications in
different countries and differ-
ent contexts around the world.”
Goldin combined innovative
methods in economic history
with an economic approach,
demonstrating that the supply
and demand for female labour
have historically been
influenced by their opportuni-
ties for combining paid work
and a family, decisions relating
to education and childrearing,
technical innovations such as
the contraceptive pill, laws and
norms, and the structural trans-
formation of the economy.

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