She said it was especially meaningful because 'it's an award for big ideas and long-term change.'
Claudia Goldin is awarded the 2023 Nobel Prize in economics at a press conference in Stockholm on Oct. 9. Photo: Jonathan Nackstrand/AFP via Getty ImagesGoldin "advanced our understanding of women's labour market outcomes," the Royal Swedish Academy of Sciences said in its announcement of the prize.
A labor economist and economic historian, she is responsible for the "first comprehensive account" of women's labor force participation through the centuries, the Academy said. Goldin's work showed that women's labor force participation didn't advance linearly with modernization and economic development over time.
"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, in a statement.
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