American economist Claudia Goldin wins Nobel Prize in Economics 2023 for research on women’s labour market outcomes

A professor at Harvard and labour economist Claudia Goldin has won the Nobel Prize for Economics 2023. Of all the Nobel Prizes, the one for Economics has the fewest number of women who have won, with just two recipients since it was first awarded in 1969 – Elinor Ostrom in 2009 and Esther Duflo in 2019. Goldin won the Nobel Prize for Economics for “having advanced our understanding of women’s labour market outcomes,” the Royal Swedish Academy of Sciences said on Monday. Goldin’s research, has focused on inequality and the female labour force in global work spaces. The prestigious award, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the last of this year’s lot of Nobel prizes and is worth nearly 11 million Swedish crowns ($999,137). This year’s awards have seen distinguished scientists win for COVID-19 vaccine discoveries, atomic snapshots and “quantum dots” while a Norwegian dramatist won for Literature and a jailed Iranian activist received the prestigious Nobel Peace Prize 2023. Last year, the honour went to US economists Douglas Diamond and Philip Dybvig together with former Federal Reserve chief Ben Bernanke for research on banks in times of turmoil. The economics prize is not one of the original prizes for science, literature and peace created in the will of dynamite inventor and businessman Alfred Nobel, but a later addition established and funded by Sweden’s central bank in 1968.