Nobel Prize-Winning Economist Claudia Goldin Finds Flexibility Key to Closing Gender Gap Despite Persistent Pay Disparity
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Claudia Goldin won the Nobel Prize in economics for research on women's participation in the workforce over history. Her work showed a U-shaped curve in participation.
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Goldin found the gender pay gap has persisted, even rising after the birth of a first child. Just 3 women have won the economics Nobel Prize before.
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India has seen a similar U-shaped curve in urban women's workforce participation. The gender pay gap in India is high, with women earning 76% of men.
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Goldin argued higher education, delayed marriage, and flexible work hours are key to closing the gender gap.
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To date, just 65 of 1000 Nobel laureates have been women. The most women have won the Peace Prize (19) and Literature Prize (17).