Harvard University economics professor Claudia Goldin won the Nobel Prize in Economics this year. She is the third woman in the history of the Nobel Prize in Economics, who received this award. The Royal Swedish Academy of Sciences announced his name as the winner on Monday (October 9) afternoon Bangladesh time.
According to the Nobel Committee, she was given this award in recognition of her research on women's participation in the labor force. Two other women won the Nobel Prize in Economics before her. They are Elinor Ostrom and Esther Duflo.
The main point of Claudia Goldin's analysis and interpretation was that women's decisions were and still are largely determined by the fulfillment of responsibilities to her marriage and family. Originally, working from a US perspective, his insights transcend time-limits.
It is said by the Nobel Committee that at one time the official statistics contained only data on the work of men, not women. As a result, this woman had to work hard in the library or archive. He had to play the role of an information detective. He had to find out what was the role of women by going through the vast archives of the library.
Claudia Goldin explains that this is mainly due to structural changes and changes in social norms regarding women's responsibilities in the family and society. Women's educational attainment has increased steadily in the 20th century. In most high-income countries, women's educational attainment is higher than that of men. Another reason is the revolutionary change in women's labor force participation. That is, birth control products. It gave women the freedom to plan their careers.
It should be noted that the Nobel Prize in Economics has been awarded since 1969. The award has been given a total of 55 times since that year.
/MH/MN
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