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Nobel Prize in Economics goes to US economist Claudia Goldin

Nobel Prize in Economics goes to US economist Claudia Goldin

Researcher Claudia Goldin is awarded the Nobel Prize in Economic Sciences. The jury thus recognizes her work on the different incomes of the sexes.

US economist Claudia Goldin will be awarded the Nobel Prize in Economic Sciences this year for her research on the role of women in the labor market. The Royal Swedish Academy of Sciences announced this on Monday in Stockholm. The 77-year-old receives the prestigious award for having improved the understanding of the role women play in the labor market, as the Academy’s Secretary General, Hans Ellegren, said when announcing the award. Goldin is only the third woman to receive the Nobel Prize in Economics.

Last year, former US Federal Reserve Chairman Ben Bernanke and fellow American economists Douglas Diamond and Philip Dybvig were awarded the Nobel Prize in Economics. They were honored for their research into banks and financial crises.

The announcement of the winners in the economics category traditionally marks the end of the annual Nobel Prize announcements. The Nobel Prize in Economics 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 end of the 1960s and is therefore, strictly speaking, not one of the classic Nobel Prizes. Nevertheless, it will be ceremoniously presented together with the other awards on the anniversary of Nobel’s death, December 10th.

Nobel Peace Prize goes to Iranian activist

The Nobel Prize winners were announced last week in the categories of medicine, physics, chemistry, literature and peace. This time the prizes went to a total of eight researchers in the first three categories, and to the Norwegian author Jon Fosse in literature. On Friday, the Nobel Peace Prize was awarded to the imprisoned Iranian women’s rights activist Narges Mohammadi. This year, all Nobel Prizes are endowed with eleven million Swedish crowns (around 950,000 euros) per prize category, which is one million more than in previous years.

More than 90 people have received the Nobel Prize in Economic Sciences since it was first awarded in 1969 – including only two women, Elinor Ostrom (2009) and Esther Duflo (2019). The only German Nobel Prize winner in economics to date has been the Bonn scientist Reinhard Selten, who received the award in 1994 together with John Nash and John Harsanyi for their groundbreaking contributions to non-cooperative game theory.

Source: Stern

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