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24x7Report > Blog > World News > Harvard Professor Becomes Only Third Woman To Win Prestigious Nobel Economics Prize
World News

Harvard Professor Becomes Only Third Woman To Win Prestigious Nobel Economics Prize

Last updated: 2023/10/09 at 11:09 AM
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Harvard Professor Becomes Only Third Woman To Win Prestigious Nobel Economics Prize
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STOCKHOLM (AP) — The Nobel economics prize was awarded Monday to Claudia Goldin, a professor at Harvard College, for advancing the understanding of ladies’s labor market outcomes.

Goldin is just the third girl to win the prize, which was introduced by Hans Ellegren, secretary-general of the Royal Swedish Academy of Sciences, in Stockholm.

“Understanding girls’s function within the labor market is necessary for society. Due to Claudia Goldin’s groundbreaking analysis, we now know rather more in regards to the underlying components and which limitations could must be addressed sooner or later,” stated Jakob Svensson, chair of the Committee for the Prize in Financial Sciences.

Goldin, 77, “was stunned and really, very glad,” Ellegren stated of Goldin’s response to receiving the award.

“Claudia Golden’s discoveries have huge societal implications,” stated Randi Hjalmarsson, a member of the prize committee. “By lastly understanding the issue and calling it by the proper identify, we will pave a greater out ahead.”

It follows the awards in drugs, physics, chemistry, literature and peace that had been introduced final week.

Claudia Goldin, a professor at Harvard College, gained for advancing the understanding of ladies’s labor market outcomes.

JONATHAN NACKSTRAND through Getty Pictures

The economics award was created in 1968 by Sweden’s central financial institution and is formally referred to as the Financial institution of Sweden Prize in Financial Sciences in Reminiscence of Alfred Nobel.

Final 12 months’s winners had been former Federal Reserve Chair Ben Bernanke, Douglas W. Diamond and Philip Dybvig for his or her analysis into financial institution failures that helped form America’s aggressive response to the 2007-2008 monetary disaster.

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Solely two of the 92 economics laureates honored have been girls.

Per week in the past, Hungarian-American Katalin Karikó and American Drew Weissman gained the Nobel Prize in medicine. The physics prize went Tuesday to French-Swedish physicist Anne L’Huillier, French scientist Pierre Agostini and Hungarian-born Ferenc Krausz.

U.S. scientists Moungi Bawendi, Louis Brus and Alexei Ekimov gained the chemistry prize on Wednesday. They had been adopted by Norwegian author Jon Fosse, who was awarded the prize for literature. And on Friday, jailed Iranian activist Narges Mohammadi gained the peace prize.

The prizes are handed out at awards ceremonies in December in Oslo and Stockholm. They carry a cash award of 11 million Swedish kronor (about $1 million). Winners additionally obtain an 18-carat gold medal and diploma.

Corder reported from The Hague, Netherlands.

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TAGGED: Economics, Harvard, Nobel, Prestigious, Prize, professor, Win, Woman

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