The Royal Swedish Academy of Sciences on Monday awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, more commonly known as the Nobel Prize in Economics, to the American Claudia Goldin, a professor at Harvard University. The award, which makes Goldin the third woman to win it after its inauguration in 1968, recognizes her studies on female underrepresentation and lower wages in the labor market. “Despite modernisation, economic growth and rising proportions of employed women in the twentieth century, for a long period of time the earnings gap between women and men hardly closed,” the academy noted in a press release to announce the award. “Goldin has trawled the archives and collected over 200 years of data from the U.S., allowing her to demonstrate how and why gender differences in earnings and employment rates have changed over time.”

Goldin, 77, holds a BA in Economics from Cornell University and a PhD from the University of Chicago, and in her long teaching and research career she has spent time at the universities of Wisconsin, Princeton, Pennsylvania and, since 1990, Harvard. She has also been a member of the prestigious non-profit National Bureau of Economic Research for more than three decades.

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