21.6 C
Dubai
Tuesday, March 5, 2024
spot_img

Nobel Prize in Economics awarded for gender gap research

Claudia Goldin, a Harvard University professor, was awarded the Nobel Prize in Economics for her pioneering work on understanding the gender gap in the labor market. This makes her the third woman to receive the prize. The announcement was made by Hans Ellegren, secretary-general of the Royal Swedish Academy of Sciences in Stockholm.

Goldin’s research doesn’t provide direct solutions but offers invaluable insights for policymakers to address this complex issue. It clarifies the origins of the gender gap, how it has evolved over time, and its variations in different stages of development, making it a crucial resource for addressing the problem effectively.

Upon receiving the award, Goldin expressed her surprise and happiness at being honored.

This Nobel Prize in Economics, formally known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, is one of several Nobel awards given annually. Goldin’s achievement underscores the importance of her contributions to the field and the ongoing quest for gender equality.

The awards for various categories are presented in December in Oslo and Stockholm, accompanied by a cash prize of 11 million Swedish kronor (approximately $1 million), an 18-carat gold medal, and a diploma.

Next Article

 

Related Articles

Anant Ambani and Radhika Merchant’s Spectacular Jamnagar Extravaganza Unveils 5 Unforgettable Moments

Anant Ambani and Radhika Merchant's Glamorous Jamnagar Affair The extravagant pre-wedding bash of Anant Ambani and Radhika Merchant unfolded over three days, captivating the attention...

Saudi Arabia Unveils Revolutionary Visa for International Students

Saudi Arabia Unveils Empowering New Visa for International Students Saudi Arabia has introduced a pioneering initiative aimed at facilitating international students' pursuit of education within...

Bangladesh ; 43 Lives Lost in Dhaka’s Devastating Commercial Complex Fire

Bangladesh Tragic Inferno: 43 Lives Lost in Dhaka Commercial Complex Fire A devastating fire engulfed a six-story shopping mall in the heart of Bangladesh's capital,...

US Spacecraft Odysseus Falters After Moon Mishap, Crisis on the Lunar Horizon

US Spacecraft Falters After Lunar Mishap US Spacecraft Odysseus, bearing six NASA experiments with a value of $118 million, stands as a beacon of progress...

International Jewellery Summit Sparkles in Dubai , Dazzling Unity

International Jewellery Summit in Dubai, The anticipation and excitement are palpable as the stage is set for the upcoming India Gem & Jewellery Show in...

Latest Articles