Sidelined no longer, Claudia Goldin wins the 2023 Nobel Prize in Economics for examining why gender pay gaps persist
- Written by: Leonora Risse, Senior Lecturer in Economics, RMIT University
In an astonishing act of timing, Harvard University’s Professor Claudia Goldin published a paper on Monday titled Why Women Won[1]. It mapped milestone moments in women’s rights in the United States from 1905 to 2023.
A few hours later, she was awarded the 2023 Nobel Prize in Economics[2] “for having advanced our understanding of women’s labour market outcomes”.
Goldin became only the third woman to win the Nobel Memorial Prize in Economic Sciences, and the first to win it in her own right, not sharing it with a man.
For countless women in economics, and for advocates of gender equality more broadly, her recognition adds to the milestone moments she has documented in her own work.
Princeton University Press 2021[6]
In my earlier review[7] of Goldin’s book, Career and Family : Women’s Century-Long Journey Toward Equity[8], I reflect on the importance of Goldin’s pioneering role for gender equality researchers like myself:
“As an economist who also researches gender equality issues – and is similarly motivated by the simple quest to better understand the reasons why we see such stark gender disparities in our economy – I find myself often confronted by accusations that my research is subjectively motivated by an ideological agenda; accusations designed to denigrate its value and question my research integrity.
"I am aware that other researchers in the field of gender equality, particularly women, encounter these disparaging blights on their professionalism too.
"The rich wealth of research and insights that Goldin has contributed to the economics profession throughout her career – arguably worthy of Nobel recognition – affirms that this stream of work is important.”
Read more:
Nobel prize in economics: Claudia Goldin's work is a goldmine for understanding the gender pay gap and women's empowerment[9]
Goldin’s contribution extends beyond her academic papers.
In her role as President of the American Economic Association in 2013, Goldin put in place initiatives[10] to more fully understand women’s low numbers in economics and to support more to join and stay in the field.
She did not merely research gender inequity from afar – she recognised where it prevailed within her own discipline and (as would be expected of an economist) took evidence-based action to address it.
While we have not yet achieved gender equity, awarding the Nobel to a female economist for dedicating her career to understanding gender inequity – and helping to solve it – counts as a win for women in economics.
References^ Why Women Won (www.nber.org)^ Nobel Prize in Economics (www.nobelprize.org)^ ©Johan Jarnestad/The Royal Swedish Academy of Sciences (www.nobelprize.org)^ validation of Goldin’s style of research (www.nobelprize.org)^ gender bias (onlinelibrary.wiley.com)^ Princeton University Press 2021 (press.princeton.edu)^ review (onlinelibrary.wiley.com)^ Career and Family : Women’s Century-Long Journey Toward Equity (press.princeton.edu)^ Nobel prize in economics: Claudia Goldin's work is a goldmine for understanding the gender pay gap and women's empowerment (theconversation.com)^ initiatives (cepr.org)Authors: Leonora Risse, Senior Lecturer in Economics, RMIT University
