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Claudia Goldin is a US economic historian & labour economist who won the Nobel Prize for Economics in 2023. The award was for her extraordinary contribution to research around gender pay disparity for over 200 years.
The woman is also the Henry Lee Professor of Economics at Harvard University. She is also an alumnus of the University of Chicago and her research is a great inspiration for those who want to shape their careers in Economic research.
Claudia Goldin Research on Gender Pay Disparity
Goldin’s research on gender pay disparity is a study based on historical records in the USA. She analysed the pay gaps for over 200 years and came up with results for why this gap was there and how it persisted for so long.
Moreover, her studies also talk about how the differences in pay and employment rates are reduced over time. The highlight of the study is why women have earned less than men for so long in the past.
The main reason for this difference in pay was the choice of education and occupation at that time. Nowadays, this disparity has found new roots. It is seen chiefly after the birth of the first child that women start earning less.
The Nobel Prize for Economics
The prize is also called the Sveriges Riksbank Prize in Economic Sciences. Claudia Goldin is the third woman to have won the Nobel Prize in Economics. Furthermore, she is the first woman to not have shared with someone else.
Professor Goldin has a history of making records, as she was also the first woman to have joined Harvard’s economic department in 1990. The remarkable woman has compiled her research in a book she authored, ‘Understanding the Gender Gap: An Economic History of American Women’.
The book emphasizes reasons for a failing or stagnant career for women. It has well-curated data on the impact of contraceptive pills on career and marriage-related decisions, social indicators and the reasons for the majority of women now being undergraduates.
Her research is not only motivating but also a starting point for major changes that could reshape the position of women in society. If you want to read more such exciting information, make sure you follow Leverage Edu News Updates.
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