2023 Nobel Memorial Prize in Economic Sciences

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2023 Nobel Memorial Prize in Economic Sciences - Wikipedia

From Wikipedia, the free encyclopedia

The 2023 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel

"for having advanced our understanding of women's labour market outcomes."

Date

9 October 2023
(announcement)
10 December 2023
(ceremony)

Location

Stockholm

Country

Sweden

Presented by

Royal Swedish Academy of Sciences

Reward(s)

11 million SEK (2023)^[1]

First awarded

1969

Website

Official website

← 2022 ·

Nobel Memorial Prize in Economic Sciences

· 2024 →

The 2023 Nobel Memorial Prize in Economic Sciences was awarded to the American economist Claudia Goldin (born 1946) "for having advanced our understanding of women's labour market outcomes."^[2]^[3]^[4] At age 77, she became the third woman to have won the economics Nobel, which was first awarded in 1969, and the first woman to win the award solo.^[3]^[5] The pressed release of the Royal Swedish Academy of Sciences noted:

"This year’s Laureate in the Economic Sciences, Claudia Goldin, provided the first comprehensive account of women’s earnings and labour market participation through the centuries. Her research reveals the causes of change, as well as the main sources of the remaining gender gap."^[6]

Goldin's key contribution to economics was her vast analysis of historical experience of women in the economy, especially on women's work and labor market outcomes as well as the root causes of the gender pay gap.^[3]^[4]

Laureate

Goldin studied economics at Cornell University, where she graduated with a bachelor's degree in 1967, and the University of Chicago, where she graduated with a master's and a doctorate in 1969 and 1972, respectively. At the University of Wisconsin, Princeton University, Harvard University, and the University of Pennsylvania, among other universities, she served as a professor or lecturer of economics. She was named Henry Lee Professor of Economics and Lee and Ezpeleta Professor of Arts and Sciences at Harvard after becoming the first woman to be appointed to a tenure-track economics professorship in 1990.^[7] In addition, Goldin was president of the Economic History Association, director of the National Bureau of Economic Research's (NBER) Development of the American Economy Program, and president of the American Economic Association, and co-director of the NBER's Gender in the Economy working group.^[8]

Nobel Committee

The following members of Royal Swedish Academy of Sciences were in charge of the selection of the Nobel laureates for economic sciences:^[9]

Members

Per Krusell, professor of economics; secretary
Jakob Svensson, professor of economics; chair
Peter Fredriksson, professor of economics
John Hassler, professor of economics
Ingrid Werner, professor of finance
Tommy Andersson, professor of economics

Co-opted Members

Christofer Edling, professor of sociology
Per Johansson, professor of statistics
Timo Boppart, associate professor
Kerstin Enflo, professor of economic history
Randi Hjalmarsson, professor of economics

References

^ "The Nobel Prize amounts". Nobelprize.org. Archived from the original on 2018-07-20. Retrieved 2021-10-08.
^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2023". nobelprize.org. Retrieved 10 December 2023.
^ ^a ^b ^c Jeanna Smialek (9 October 2023). "Claudia Goldin Wins Nobel in Economics for Studying Women in the Work Force". The New York Times. Retrieved 12 October 2023.
^ ^a ^b Claire Cain Miller (11 October 2023). "Claudia Goldin's Nobel-Winning Research Shows 'Why Women Won'". The New York Times. Retrieved 12 October 2023.
^ Johnson, Simon; Ahlander, Johan (9 October 2023). "Nobel economics prize goes to Claudia Goldin". Reuters. Retrieved 12 October 2023 – via reuters.com.
^ "The Prize in Economic Sciences 2023 – Press release". nobelprize.org. Retrieved 12 October 2023.
^ "Bio for Claudia Goldin". scholar.harvard.edu. Retrieved 12 October 2023.
^ Walker, Peter J. (December 2018). "Profile of Harvard Economist Claudia Goldin". IMF Finance & Development Magazine. IMF.
^ "The Economic Sciences Prize Committee". nobelprize.org. Retrieved 12 October 2023.

v t e Laureates of the Sveriges Riksbank Prize in Economic Sciences
1969–1975	1969: Ragnar Frisch / Jan Tinbergen 1970: Paul A. Samuelson 1971: Simon Kuznets 1972: John R. Hicks / Kenneth J. Arrow 1973: Wassily Leontief 1974: Gunnar Myrdal / Friedrich August von Hayek 1975: Leonid Vitaliyevich Kantorovich / Tjalling C. Koopmans
1976–2000	1976: Milton Friedman 1977: Bertil Ohlin / James E. Meade 1978: Herbert A. Simon 1979: Theodore W. Schultz / Sir Arthur Lewis 1980: Lawrence R. Klein 1981: James Tobin 1982: George J. Stigler 1983: Gérard Debreu 1984: Richard Stone 1985: Franco Modigliani 1986: James M. Buchanan Jr. 1987: Robert M. Solow 1988: Maurice Allais 1989: Trygve Haavelmo 1990: Harry M. Markowitz / Merton H. Miller / William F. Sharpe 1991: Ronald H. Coase 1992: Gary S. Becker 1993: Robert W. Fogel / Douglass C. North 1994: John C. Harsanyi / John F. Nash Jr. / Reinhard Selten 1995: Robert E. Lucas Jr. 1996: James A. Mirrlees / William Vickrey 1997: Robert C. Merton / Myron S. Scholes 1998: Amartya Sen 1999: Robert A. Mundell 2000: James J. Heckman / Daniel L. McFadden
2001–present	2001: George A. Akerlof / A. Michael Spence / Joseph E. Stiglitz 2002: Daniel Kahneman / Vernon L. Smith 2003: Robert F. Engle III / Clive W.J. Granger 2004: Finn E. Kydland / Edward C. Prescott 2005: Robert J. Aumann / Thomas C. Schelling 2006: Edmund S. Phelps 2007: Leonid Hurwicz / Eric S. Maskin / Roger B. Myerson 2008: Paul Krugman 2009: Elinor Ostrom / Oliver E. Williamson 2010: Peter A. Diamond / Dale T. Mortensen / Christopher A. Pissarides 2011: Thomas J. Sargent / Christopher A. Sims 2012: Alvin E. Roth / Lloyd S. Shapley 2013: Eugene F. Fama / Lars Peter Hansen / Robert J. Shiller 2014: Jean Tirole 2015: Angus Deaton 2016: Oliver Hart / Bengt Holmström 2017: Richard H. Thaler 2018: William Nordhaus / Paul Romer 2019: Abhijit Banerjee / Esther Duflo / Michael Kremer 2020: Paul Milgrom / Robert B. Wilson 2021: David Card / Joshua Angrist / Guido Imbens 2022: Ben Bernanke / Douglas Diamond / Philip H. Dybvig 2023: Claudia Goldin 2024: Daron Acemoglu / Simon Johnson / James A. Robinson

v t e 2023 Nobel Prize laureates
Chemistry	Moungi Bawendi (United States) Louis E. Brus (United States) Alexey Ekimov (Russia and United States)
Literature (2023)	Jon Fosse (Norway)
Peace (2023)	Narges Mohammadi (Iran)
Physics	Pierre Agostini (France) Ferenc Krausz (Hungary) Anne L'Huillier (France)
Physiology or Medicine (2023)	Katalin Karikó (Hungary and United States) Drew Weissman (United States)
Economic Sciences (2023)	Claudia Goldin (United States)
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