Zürcher Nachrichten - Claudia Goldin: Nobel-winning sleuth of the gender pay gap

EUR -
AED 4.241003
AFN 73.32143
ALL 96.264457
AMD 435.49084
ANG 2.066822
AOA 1058.764604
ARS 1597.949484
AUD 1.676973
AWG 2.078272
AZN 1.967396
BAM 1.962489
BBD 2.325728
BDT 141.683564
BGN 1.973561
BHD 0.435685
BIF 3427.417086
BMD 1.154596
BND 1.486969
BOB 8.008298
BRL 6.067751
BSD 1.154731
BTN 109.448969
BWP 15.919471
BYN 3.437216
BYR 22630.074075
BZD 2.322286
CAD 1.604831
CDF 2635.36902
CHF 0.921949
CLF 0.027055
CLP 1068.301597
CNY 7.980392
CNH 7.989998
COP 4249.2467
CRC 536.225485
CUC 1.154596
CUP 30.596784
CVE 110.98555
CZK 24.603629
DJF 205.195187
DKK 7.496448
DOP 68.95827
DZD 153.879614
EGP 60.780401
ERN 17.318934
ETB 180.838585
FJD 2.609838
FKP 0.868614
GBP 0.870276
GEL 3.094767
GGP 0.868614
GHS 12.666364
GIP 0.868614
GMD 84.867224
GNF 10137.349919
GTQ 8.837161
GYD 241.720221
HKD 9.035924
HNL 30.608778
HRK 7.557064
HTG 151.366612
HUF 390.276858
IDR 19617.503194
ILS 3.622683
IMP 0.868614
INR 109.529794
IQD 1512.520257
IRR 1516272.693223
ISK 144.047794
JEP 0.868614
JMD 181.759555
JOD 0.818654
JPY 185.080568
KES 149.986359
KGS 100.96983
KHR 4632.238016
KMF 494.167328
KPW 1039.005581
KRW 1741.130593
KWD 0.355512
KYD 0.962293
KZT 558.235579
LAK 25285.644395
LBP 103394.037822
LKR 363.741444
LRD 212.012665
LSL 19.813301
LTL 3.409221
LVL 0.698404
LYD 7.360592
MAD 10.789123
MDL 20.282399
MGA 4820.437097
MKD 61.637435
MMK 2427.526343
MNT 4123.646826
MOP 9.31702
MRU 46.322813
MUR 54.000874
MVR 17.838939
MWK 2005.532983
MXN 20.922547
MYR 4.530678
MZN 73.836825
NAD 19.813296
NGN 1597.337286
NIO 42.397186
NOK 11.20288
NPR 175.114145
NZD 2.009741
OMR 0.444613
PAB 1.154721
PEN 3.994328
PGK 4.975197
PHP 69.911197
PKR 322.367369
PLN 4.298271
PYG 7549.734427
QAR 4.218027
RON 5.111746
RSD 117.558661
RUB 94.006614
RWF 1686.864195
SAR 4.332448
SBD 9.285301
SCR 16.659944
SDG 693.912357
SEK 10.938258
SGD 1.492666
SHP 0.866246
SLE 28.345751
SLL 24211.30527
SOS 659.855623
SRD 43.413994
STD 23897.798134
STN 24.650616
SVC 10.103439
SYP 129.111885
SZL 19.813287
THB 37.940438
TJS 11.033396
TMT 4.041085
TND 3.37839
TOP 2.779989
TRY 51.302613
TTD 7.845709
TWD 36.998328
TZS 2974.800639
UAH 50.614226
UGX 4301.662877
USD 1.154596
UYU 46.739318
UZS 14091.83988
VES 540.268027
VND 30409.162038
VUV 138.27014
WST 3.204592
XAF 658.200578
XAG 0.0165
XAU 0.000256
XCD 3.120353
XCG 2.081103
XDR 0.816058
XOF 655.810693
XPF 119.331742
YER 275.490657
ZAR 19.766671
ZMK 10392.750198
ZMW 21.737094
ZWL 371.779317
  • RBGPF

    -13.5000

    69

    -19.57%

  • JRI

    -0.2700

    11.8

    -2.29%

  • BCE

    -0.2200

    25.25

    -0.87%

  • NGG

    -0.4800

    81.92

    -0.59%

  • CMSD

    -0.0900

    22.66

    -0.4%

  • RIO

    0.8500

    86.64

    +0.98%

  • RELX

    -0.1000

    31.97

    -0.31%

  • GSK

    -0.1000

    53.84

    -0.19%

  • BCC

    0.1400

    74.43

    +0.19%

  • BTI

    0.3749

    57.8

    +0.65%

  • CMSC

    -0.0500

    22.77

    -0.22%

  • RYCEF

    -0.5900

    14.65

    -4.03%

  • VOD

    -0.1400

    14.49

    -0.97%

  • AZN

    5.0200

    188.42

    +2.66%

  • BP

    0.5100

    46.68

    +1.09%

Claudia Goldin: Nobel-winning sleuth of the gender pay gap
Claudia Goldin: Nobel-winning sleuth of the gender pay gap / Photo: Jonathan NACKSTRAND - AFP

Claudia Goldin: Nobel-winning sleuth of the gender pay gap

Claudia Goldin has long thought of herself as a kind of detective within economics, employing tools across academic disciplines in a quest to examine how women fit into the workforce.

Text size:

On Monday, Goldin, the first woman to be tenured at Harvard University's economics department, attained the "dismal science" most exalted honour: the Nobel Prize for Economics.

Reached by telephone, Goldin told AFP the Nobel is a "very important prize, not just for me, but for the many people who work in this field and who are trying to understand why there is so much change, but there are still large differences" in pay.

In her sleuthing, Goldin, 77, has sought to reveal the reasons for the long-standing gender pay gap, including the challenges women have encountered in balancing family and professional responsibilities since the early twentieth century.

Goldin has focused on five periods: the 1900-1920 period when the few women who garnered college degrees had to choose between work and family, followed by the 1920-1940 phase when women left the workforce and started families during the Great Depression.

In the years after World War II through to about 1960, women were discouraged from entering the workforce instead of raising families. But their daughters, raised in the 1970s and 1980s, benefited from the birth control pill, with more women choosing careers and more than a quarter not having children.

The most recent generation of women is still navigating these dynamics, benefiting from evolving technology that has permitted greater flexibility on when to have children, but still confronting a grinding pay gap.

In her 2021 book, "Career and family: women's century-long journey towards equity," Goldin explored the effect of what she termed "greedy work" -- jobs with inflexible or unpredictable schedules that pay better.

Through her research, Goldin determined that women were more likely to abandon such jobs, while men are more likely to be enticed by the higher pay.

"Under these conditions, women will shift to a firm with less demanding hours or leave the workforce," Goldin said in a 2021 interview with Harvard Business Review.

- 'Neglected' subject -

Goldin described her unorthodox approach in an autobiographical essay for a 1998 book on economists at work.

"There has often been no agenda or program, no particular theory that must be followed," she wrote. "Yet the subconscious produces nagging questions."

In the years after graduate school, Goldin focused initially on the economic history of the South after the Civil War.

But around 1980, Goldin began to "realise that something was missing" from the study of economics: the wife and mother.

"I neglected her because the sources had.

"Women were in the data when young and single and often when widowed," she wrote. "But their stories were faintly heard after they married, for they were often not producing goods and services in sectors that were, or would be, part of (gross national product)."

Goldin's pioneering approach included launching in 2014 undergraduate women in economics program, an initiative to encourage more female economics major.

Born in the Bronx, New York in 1946, Golden was initially fascinated by archeology and the mummies at the New York's Museum of Natural History.

When she entered Cornell University, Goldin planned to study microbiology, but soon shifted ground after taking a course on industrial organisation with economist Alfred Kahn.

Goldin is married to fellow Harvard economist Larry Katz, with the two sharing a passion for bird watching and Pika, a 13-year-old Golden Retriever whose exploits are chronicled on her web page at Harvard.

Goldin told AFP she still thinks of herself as a detective, someone who when faced with a problem, knows "I just have to find the facts, figure it out and I'll solve the problem."

D.Smith--NZN