2023-10-09 09:59:59
This year’s Nobel Prize in Economics goes to US researcher Claudia Goldin for “uncovering the main causes of gender differences in the labor market,” the Swedish Academy of Sciences announced at lunchtime. She researches historical data from the past 200 years for the US market and has shown, among other things, that economic recovery does not automatically lead to more female employment.
Ulrike Famira-Mühlberger from Wifo sees the award as a “very good decision and recognition of female economists in the field of economics”. Goldin, who researches at Harvard, has been dealing with the most relevant questions for decades – in particular where the inequality between men and women in the labor market comes from. “She has an economic-historical perspective,” said Famira-Mühlberger to the APA. As one point, the Wifo researcher highlighted Goldin’s finding that the particularly good pay of those jobs that involve a lot of overtime and weekend work cements the inequality between men and women – who still have to manage the family.
The results “for the most part” also apply to Austria
Goldin’s results, even if they were researched using US figures, also apply “for the most part” to Austria, says Famira-Mühlberger. One might even say that the topics Goldin researched are “even more drastic” in Austria than in the USA because the income difference between men and women is greater and part-time work is more widespread among women.
Goldin is the third woman to be honored with the award and the first to receive the award alone. Most recently, Esther Duflo, who was born in France, was honored together with two colleagues in 2019.
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. This time the award is endowed with eleven million Swedish crowns (around 950,000 euros).
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