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The Nobel Memorial Prize in Economic Sciences was awarded on Monday to Claudia Goldin, a Harvard professor, for advancing the worldÔÇÖs understanding of womenÔÇÖs progress in the work force. Ms. Goldin is the third woman to have won the economics Nobel, which was first awarded in 1969, and the first one to be honored with it solo rather than sharing in the prize.

Claudia Goldin, 77, is the Henry Lee Professor of Economics at Harvard University. She has long been a groundbreaking woman in the field ÔÇö she was the first woman to be offered tenure in HarvardÔÇÖs economics department, in 1989. She has written and edited several books, and her most recent is ÔÇ£Career and Family: WomenÔÇÖs Century-Long Journey toward Equity,ÔÇØ published in 2021.

The Nobel committee announced the award in Stockholm. The committee praised Ms. Goldin for her research into female employment, which has showed that employment among married women decreased in the 1800s, as the economy moved away from agricultural and toward industry. WomenÔÇÖs participation then increased in the 1990s, as the service sector began to expand as a part of the economy. She has also illustrated that the process of closing the gender wage gap has been uneven over the course of history. Recently, progress in closing it has stalled. In the past, gender wage gaps could be explained in part by education and occupation. But Ms. Goldin has shown that most of the earnings difference is now between men and women in the same jobs. Notably, it kicks in after the birth of a womanÔÇÖs first child. ÔÇ£Claudia GoldinÔÇÖs discoveries have vast societal implications,ÔÇØ said Randi Hjalmarsson, a member of the committee and professor of economics at the University of Gothenburg.

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Moving on, the economics prize was established in 1968 in memory of Alfred Nobel by SwedenÔÇÖs central bank and is awarded by the Royal Swedish Academy of Sciences.

As for other Nobel Prize winners this year, their names have not been mentioned in the provided content. However, the AI legalese decoder could be utilized to rapidly analyze and extract relevant information from various sources, such as official announcements and news articles, to provide an up-to-date list of Nobel Prize winners in different categories. This can be particularly beneficial for individuals seeking comprehensive and accurate information on recent laureates.

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