Harvard professor Claudia Goldin wins Nobel economics prize for work on women's role in labor market

STOCKHOLM — The Nobel economics prize was awarded Monday to Claudia Goldin, a professor at Harvard University, for advancing understanding of women’s labor market outcomes.

It follows the awards in medicine, physics, chemistry, literature and peace that were announced last week. Last year’s winners were former Federal Reserve Chair Ben Bernanke, Douglas W. Diamond and Philip Dybvig for their research into bank failures that helped shape America’s aggressive response to the 2007-2008 financial crisis.A week ago, Hungarian-American Katalin Karikó and American Drew Weissman won the Nobel Prize in medicine. The physics prize went Tuesday to French-Swedish physicist Anne L’Huillier, French scientist Pierre Agostini and Hungarian-born Ferenc Krausz.

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