Economics Nobel Prize goes to Claudia Goldin, an expert on women at work

Harvard University's Claudia Goldin has won the 2023 Nobel Prize in Economics for her research on women in the labor market. She studies the changing role of working women through the centuries, and the causes of the persistent pay gap between men and women.

The award — formally known as The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel — comes with a prize of 11 million kronor, or about $1 million. Goldin is the third woman to receive the prize.

"Claudia Goldin's discoveries have vast society implications," said Randi Hjalmarsson, a member of the Nobel committee. "She has shown us that the nature of this problem or the source of these underlying gender gaps changes throughout history and with the course of development."