Who won the Nobel Prize in Economic Sciences in 2023? 

This question was previously asked in
CUET PG B Ed 15th March 2024 Shift 2
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  1. Claudia Goldin  
  2. Paul Krugman  
  3. Joshua Angrist 
  4. Ben Bernanke 

Answer (Detailed Solution Below)

Option 1 : Claudia Goldin  
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The correct answer is - Claudia Goldin

Key Points

  • Claudia Goldin
    • She is a renowned economist recognized for her work on the gender wage gap.
    • Goldin's research provides crucial insights into how women's participation in the labor market has evolved over time.
    • Her work emphasizes the impact of education and social changes on women's economic roles.

Additional Information

  • Nobel Prize in Economic Sciences
    • The Nobel Prize in Economic Sciences, officially known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, was established in 1968.
    • It is awarded annually by the Royal Swedish Academy of Sciences to individuals who have made substantial contributions to the field of economics.
  • Gender Wage Gap
    • The gender wage gap refers to the average difference in earnings between men and women.
    • It is a critical measure of gender inequality in the labor market.
    • Factors contributing to the gender wage gap include occupational segregation, differences in work experience, and discrimination.
  • Women's Labor Market Participation
    • Women's participation in the labor market has increased significantly over the past century.
    • Education and policy changes have played a vital role in enabling more women to join the workforce.
    • Despite progress, women still face challenges such as work-life balance and unequal opportunities in various sectors.
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