Nobel Prize in economics awarded to Claudia Goldin

Claudia Goldin, a Harvard University professor, has been awarded the Nobel Prize in economics for her research on women's income and employment. The Royal Swedish Academy of Sciences stated that Goldin's research uncovered key drivers of gender differences in the labor market, revealing that the majority of earnings difference now exists between men and women in the same occupation. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was instituted by Sweden's central bank in 1968. It was awarded to former US Federal Reserve Governor Ben Bernanke and American economists Douglas Diamond and Philip Dybvig for their work on the history of women in the US economy.