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https://www.theguardian.com/world/2023/oct/09/claudia-goldin-nobel-economics-prize-gender-pay-gap>
"The Harvard professor Claudia Goldin has won the Nobel economics prize in
recognition of her groundbreaking work examining wage inequality between men
and women.
The Royal Swedish Academy of Sciences said on Monday that Goldin’s research
“provided the first comprehensive account of women’s earnings and labour market
participation through the centuries” to reveal “the causes of change, as well
as the main sources of the remaining gender gap”.
She becomes only the third woman to win the prize, after Elinor Ostrom in 2009
and Esther Duflo in 2019. The prestigious award is worth 11m Swedish kronor
(£819,000).
Goldin has charted the work life and incomes of women to show that the
Industrial Revolution caused a huge fall in their independent earnings compared
with men before a recovery at the turn of the last century that was accelerated
by changing attitudes after the second world war.
The contraceptive pill allowed women to make further strides but child rearing
has proved a permanent block on the progress towards wage equality.
Dating back to the 1980s, “her research reveals the causes of change, as well
as the main sources of the remaining gender gap”, the prize-giving body said in
a statement.
Goldin’s 1990 book,
Understanding the Gender Gap: An Economic History of
American Women, was an influential examination of how wage inequality
developed over the last 250 years and the defining difference in the modern era
was among couples when they first had a child.
“The important point is that both lose,” she told the Social Science Bites blog
last year. “Men forgo time with their family and women often forgo their
career.”
The bulk of the earnings difference between men and women in the same
occupation arises largely when they have children, Goldin found."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
