Stockholm, Oct 9:
The Nobel Economics prize was awarded today to Harvard University professor Claudia Goldin for research that has advanced the understanding of the gender gap in the labour market.
The announcement went a tiny step to closing the Nobel committee’s own gender gap: Goldin is just the third woman to win the prize out of 93 economics laureates.
She has studied 200 years of women’s participation in the workplace, showing that despite continued economic growth, women’s pay did not continuously catch up to men’s and a divide still exists despite women gaining higher levels of education than men.
“I’ve always been an optimist. But when I look at the numbers, I think something has happened in America, that we, in the 1990s, our labour force participation rate for women was the highest in the world, and now it isn’t the highest in the world,” Goldin told The Associated Press. (PTI)
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