Nobel Prize in Economics goes to Claudia Goldin from Harvard University

2023-10-09 11:50:51

This year’s Nobel Prize in Economics goes to the US economist Claudia Goldin, who teaches at Harvard University. She is being honored for “uncovering the main causes of gender gaps in the labor market,” the Royal Swedish Academy of Sciences announced on Monday in Stockholm.

Read an interview with Claudia Goldin from January 2022 here.

Last year, former US Federal Reserve Chairman Ben Bernanke and fellow American economists Douglas Diamond and Philip Dybvig were honored. They received prestigious Nobel medals for their research into banks and financial crises.

In general, the Nobel Prize in economics often goes to winners who come from the USA or at least work there. The only Nobel Prize winner in economics from Germany to date has been the Bonn scientist Reinhard Selten, who received the award in 1994 together with John Nash and John Harsanyi for their groundbreaking contributions to non-cooperative game theory.

The 2023 Nobel Prize in Economics goes to Claudia Goldin. : Image: Niklas Elmehed/Nobel Prize Outreach

This year’s Nobel Prizes are endowed with eleven million Swedish crowns per prize category, which is one million more than in previous years. At the current rate, this prize money corresponds to around 950,000 euros. If several winners are honored together in a category, they share this sum.

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The Nobel Prize for Economic Sciences is the only Nobel Prize that does not go back to the will of dynamite inventor and prize donor Alfred Nobel (1833-1896). It has been sponsored by the Swedish Reichsbank since the late 1960s and is therefore, strictly speaking, not one of the classic Nobel Prizes. Nevertheless, it will be ceremoniously presented along with the other Nobel Prizes on the anniversary of Nobel’s death, December 10th.

The Nobel Prize winners were announced last week in the categories of medicine, physics, chemistry, literature and peace. This time the prizes went to a total of eight researchers in the first three categories, and to the Norwegian author Jon Fosse in literature. On Friday, the Nobel Peace Prize was awarded to the imprisoned Iranian women’s rights activist Narges Mohammadi.