- The Nobel Prize announcements which commenced on October 2, concluded with the last announcement of the year in the field of Economic Sciences.
- The Nobel Memorial Prize in Economic Sciences 2023, officially known as The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to Claudia Goldin
- Nobel Economics Prize 2023 awarded to Claudia Goldin for work on women’s labour market outcomes
- Over the years, spanning from 1969 to 2022, a total of 54 Nobel Prizes in Economic Sciences have been awarded.
- Out of 92 laureates, 25 have had the honour of receiving this prestigious award as sole recipients.
- Only two women, Elinor Ostrom in 2009 and Esther Duflo in 2019, have been recognized with the Nobel Prize in Economic Sciences for their exceptional contributions.
- Goldin becomes the third woman to be acknowledged in this field.
The award for economics is the final instalment of this year’s crop of Nobels that have seen prizes go to COVID-19 vaccine discoveries, atomic snapshots and “quantum dots” as well as to a Norwegian dramatist and an Iranian activist.
American economic historian Claudia Goldin won the 2023 Nobel Economics Prize for “having advanced our understanding of women’s labour market outcomes”, the Royal Swedish Academy of Sciences said on Monday.
The prestigious award, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the last of this year’s crop of Nobel prizes and is worth 11 million Swedish crowns ($999,137).
Over the years, spanning from 1969 to 2022, a total of 54 Nobel Prizes in Economic Sciences have been awarded. Out of 92 laureates, 25 have had the honour of receiving this prestigious award as sole recipients. Only two women, Elinor Ostrom in 2009 and Esther Duflo in 2019, have been recognised with the Nobel Prize in Economic Sciences for their exceptional contributions. Goldin becomes the third woman to be acknowledged in this field.
The Economics Prize is not one of the original prizes for science, literature and peace created by the will of dynamite inventor and businessman Alfred Nobel, but a later addition established and funded by Sweden’s central bank in 1968.
The first economics prize was awarded the following year and past winners include a host of influential thinkers and academics such as Friedrich August von Hayek, Milton Friedman and, more recently, U.S. economist Paul Krugman.
Last year, a trio of US economists including former Federal Reserve Chair Ben Bernanke won for their research on how regulating banks and propping up failing lenders with public cash can stave off an even deeper economic crisis, like the Great Depression of the 1930s.
(With inputs from agencies
