
A view of a screen inside the Royal Swedish Academy of Sciences, where the Nobel Prize in Economic Sciences is announced in Stockholm, Sweden, October 9, 2023.
18:55 JST, October 9, 2023
STOCKHOLM, Oct 9 (Reuters) – American economic historian Claudia Goldin won the 2023 Nobel economics prize for “having advanced our understanding of women’s labor 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).
The award for economics is the final installment 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.
The economics prize is not one of the original prizes for science, literature and peace created in 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 Friedrich August von Hayek, Milton Friedman and, more recently, U.S. economist Paul Krugman.
Last year, a trio of U.S. 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.
($1 = 11.0095 Swedish crowns)
"Business" POPULAR ARTICLE
-
Core Inflation in Japan Capital Hits 3.6%, Keeps BOJ Rate-Hike Chance Alive
-
Govt, Carmakers to Join Hands on Autonomous Cars With AI; New Technology Allows Greater Adaptability, Lower Cost
-
Japanese Small, Midsize Firms Increasingly Employing Foreign Workers; Effort Aims to Secure Talented Employees
-
Nippon Steel Completes Acquisition of U.S. Steel; Nippon Steel Chairman Says Firm, U.S. Steel, Committed to Becoming ‘World’s Leading Steelmaker’
-
Japan’s JR East to Launch New Overnight Train in Spring 2027; Overnight Train to Connect Tokyo, Northern Tohoku Region
JN ACCESS RANKING
-
Japanese Researchers Develop ‘Transparent Paper’ as Alternative to Plastics; New Material Is Biodegradable, Can Be Produced with Low Carbon Emissions
-
Core Inflation in Japan Capital Hits 3.6%, Keeps BOJ Rate-Hike Chance Alive
-
Vietnam, Thailand Aim to Grow Rice Exports to Japan
-
Japan’s Maglev Shinkansen’s Partially Completed Station Unveiled; Station Will Be Only Underground Stop Between Shinagawa, Nagoya
-
Mt. Fuji Eruption: Preparations Necessary for Widespread Ashfall