Claudia Goldin Wins Nobel for Research on Gender Gaps in Work and Pay
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Claudia Goldin was awarded the Nobel Prize in Economics for research explaining gender gaps in workforce participation and pay. She is the third woman to win the economics prize.
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Goldin found women's decisions about work are shaped by expectations and responsibilities at home, interacting with opportunities in the labor market.
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She compiled new data showing women did more uncounted work than records indicated, especially on farms and in cottage industries.
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Goldin identified parenthood as a key factor driving gender pay disparity, as it can interrupt women's careers more than men's.
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She recommends helping women balance childcare and work, like extended school programs, so they can sustain careers. Goldin says she is an optimist about closing gender gaps.