Nobel economics prize goes to professor for study of women’s labor market outcomes

FILE - A Nobel Prize medal is displayed during a ceremony in New York on Tuesday, Dec. 8, 2020. The Nobel Prize winners of 2023 will be announced throughout the weeks of Oct. 2 and 9. The Nobel economics prize was awarded Monday to Claudia Goldin, a professor at Harvard University, for advancing understanding of women’s labor market outcomes.

“Understanding women’s role in the labour market is important for society. Thanks to Claudia Goldin’s groundbreaking research, we now know much more about the underlying factors and which barriers may need to be addressed in the future,” said Jakob Svensson, chair of the Committee for the Prize in Economic Sciences.

The economics award was created in 1968 by Sweden's central bank and is formally known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel.

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