The 2023 Nobel Prize in Economics has been awarded to US labour economist Claudia Goldin, a professor at Harvard University, for having advanced our understanding of women's labor market outcomes, Hans Ellegren, Secretary-General, Royal Swedish Academy of Sciences, announced the award on Monday (October 9) in Stockholm. Goldin is only the third woman to win the prize.
Claudia Goldin is the Henry Lee Professor of Economics at Harvard University and was the director of the NBER’s Development of the American Economy program from 1989 to 2017. She is a co-director of the NBER's Gender in the Economy group. An economic historian and a labor economist, Goldin's research covers a wide range of topics, including the female labor force, the gender gap in earnings, income inequality, technological change, education, and immigration. Most of her research interprets the present through the lens of the past and explores the origins of current issues of concern. Her most recent book is Career & Family: Women's Century-Long Journey toward Equity, published by Princeton University Press in 2021.
The Nobel Prize in Economics in 2022 was given to US economists Douglas Diamond and Philip Dybvig together with former Federal Reserve chief Ben Bernanke for research on banks in times of turmoil.
Full list of Nobel Prize in Economics winners (1990 onwards)
While Americans have mostly dominated the award category, Women have won the prestigious prize twice only. Here's a table of the list of winners of the Nobel Prize for Economics since 1990.
Nobel Prize in Economic Sciences (Since 1990 onwards) | Year |
Claudia Goldin | 2023 |
Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig | 2022 |
David Card, Guido Imbens and Joshua Angrist | 2021 |
Paul R. Milgrom and Robert B. Wilson | 2020 |
Abhijit Banerjee, Esther Duflo and Michael Kremer | 2019 |
William D Nordhaus and Paul M Romer | 2018 |
Richard H Thaler | 2017 |
Bengt Holmstrom and Oliver Hart | 2016 |
Angus S Deaton | 2015 |
Jean Tirole | 2014 |
Robert J Shiller, Lars P Hansen and Eugene F Fama | 2013 |
Alvin E Roth and Lloyd S Shapley | 2012 |
Christopher A Sims and Thomas J Sargent | 2011 |
Peter A Diamond, Dale T Mortensen and Christopher A Pissarides | 2010 |
Elinor Ostrom and Oliver E Williamson | 2009 |
Paul Krugman | 2008 |
Leonid Hurwicz, Eric S Maskin and Roger B Myerson | 2007 |
Edmund S Phelps | 2006 |
Robert J Aumann and Thomas C Schelling | 2005 |
Finn E Kydland and Edward C Prescott | 2004 |
Robert F Engle and Clive WJ Granger | 2003 |
Daniel Kahneman and Vernon L Smith | 2002 |
George A Akerlof, A Michael Spence and Joseph E Stiglitz | 2001 |
James J Heckman and Daniel L McFadden | 2000 |
Robert A Mundell | 1999 |
Amartya Sen | 1998 |
Robert C Merton and Myron S Scholes | 1997 |
James A Mirrlees and William Vickrey | 1996 |
Rober E Lucas Jr | 1995 |
John C Harsanyi, John F Nash and Reinhard Selten | 1994 |
Robert William Fogel and Douglass C North | 1993 |
Gary S Becker | 1992 |
Ronald Case | 1991 |
Harry M Markowitz, Merton H Miller and William F Sharpe | 1990 |
List of Noble Prize 2023 winners
The prestigious Peace Prize on Friday went to imprisoned Iranian women’s rights campaigner Narges Mohammadi. Earlier in the week, Norwegian playwright Jon Fosse was rewarded in literature. The chemistry prize was awarded to Moungi Bawendi, Louis Brus and Alexei Ekimov for their work on nanoparticles called quantum dots.
In physics, Anne L’Huillier, Pierre Agostini and Ferenc Krausz were honoured for using ultra-quick light flashes that enable the study of electrons inside atoms and molecules.
The medicine prize, the first to be announced, went to a duo — Katalin Kariko and Drew Weissman — for their groundbreaking technology that paved the way for mRNA COVID-19 vaccines.
History of Nobel Prize in Economics
The Nobel Prize in Economics, officially known as the Alfred Nobel Memorial Prize in Economic Sciences, was established in 1968 by the Nobel Foundation and is considered one of the most prestigious awards in the field. The prize is awarded to individuals or organizations who have made significant contributions to economic science, including groundbreaking research, innovative applications, and influential policy work.
The winner is given a gold medal, a diploma and a prize sum of 11 million Swedish kronor or about $1 million. The laureates receive their prizes from King Carl XVI Gustaf at a lavish prize ceremony in the Swedish capital Stockholm.
First Published: Oct 9, 2023 3:22 PM IST
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