Stockholm: American economist and Harvard professor Claudia Goldin on Monday won the 2023 Nobel Prize in Economics for her research on women's labour market.
Goldin is only the third woman to win the Economic Sciences Nobel after Elinor Ostrom in 2009 and Esther Duflo in 2019.
"The Royal Swedish Academy of Sciences awarded the 2023 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Claudia Goldin for her work in advancing the understanding of women’s labour market outcomes," the official statement read.
"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," it said, adding, "Her research reveals the causes of change, as well as the main sources of the remaining gender gap".
Of the 54 Nobel Prizes in Economic Sciences that were awarded from 1969 to 2022 only 25 of the 92 winners have had the honour of getting the award as single recipients.
The coveted award, formally known as the Sveriges Riksbank Prize in Economic Sciences, is the last of this year's crop of Nobel prizes and is worth 11 million Swedish crowns ($999,137).