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

USD -
AED 3.6725
AFN 63.000236
ALL 82.696296
AMD 376.858962
ANG 1.790083
AOA 916.999565
ARS 1391.774197
AUD 1.455413
AWG 1.8025
AZN 1.687483
BAM 1.686609
BBD 2.014599
BDT 123.041898
BGN 1.709309
BHD 0.377535
BIF 2972.081492
BMD 1
BND 1.28326
BOB 6.911836
BRL 5.155099
BSD 1.000289
BTN 92.840973
BWP 13.603929
BYN 2.974652
BYR 19600
BZD 2.011667
CAD 1.39115
CDF 2295.000159
CHF 0.799255
CLF 0.023121
CLP 912.960071
CNY 6.872027
CNH 6.892595
COP 3673.4
CRC 465.054111
CUC 1
CUP 26.5
CVE 95.090054
CZK 21.288007
DJF 178.120405
DKK 6.483059
DOP 60.181951
DZD 133.038021
EGP 53.6401
ERN 15
ETB 156.185056
EUR 0.86756
FJD 2.253799
FKP 0.758501
GBP 0.756755
GEL 2.689757
GGP 0.758501
GHS 11.003842
GIP 0.758501
GMD 73.49315
GNF 8772.625751
GTQ 7.652738
GYD 209.355772
HKD 7.837085
HNL 26.571696
HRK 6.535698
HTG 131.299369
HUF 333.966002
IDR 17025.75
ILS 3.152785
IMP 0.758501
INR 93.384399
IQD 1310.292196
IRR 1318875.000108
ISK 125.28028
JEP 0.758501
JMD 158.20086
JOD 0.709023
JPY 159.337995
KES 130.049715
KGS 87.44963
KHR 4002.104101
KMF 426.750103
KPW 899.943346
KRW 1521.119898
KWD 0.30956
KYD 0.833603
KZT 475.533883
LAK 22044.107185
LBP 89572.937012
LKR 315.333805
LRD 183.557048
LSL 16.799852
LTL 2.95274
LVL 0.60489
LYD 6.380291
MAD 9.344475
MDL 17.619744
MGA 4232.256729
MKD 53.427703
MMK 2100.405998
MNT 3572.722217
MOP 8.076125
MRU 39.906696
MUR 46.950287
MVR 15.450281
MWK 1734.466419
MXN 17.94234
MYR 4.036497
MZN 63.960158
NAD 16.799852
NGN 1382.449774
NIO 36.813625
NOK 9.766398
NPR 148.537059
NZD 1.752801
OMR 0.384491
PAB 1.000341
PEN 3.480496
PGK 4.326343
PHP 60.618023
PKR 279.096549
PLN 3.720985
PYG 6496.591747
QAR 3.647426
RON 4.4216
RSD 101.863037
RUB 80.297914
RWF 1463.871032
SAR 3.754021
SBD 8.009975
SCR 14.355444
SDG 600.999857
SEK 9.49698
SGD 1.287555
SHP 0.750259
SLE 24.597519
SLL 20969.510825
SOS 571.6306
SRD 37.363991
STD 20697.981008
STN 21.127246
SVC 8.752528
SYP 110.747305
SZL 16.793643
THB 32.797012
TJS 9.565577
TMT 3.5
TND 2.936568
TOP 2.40776
TRY 44.499897
TTD 6.789059
TWD 32.002402
TZS 2600.000175
UAH 43.772124
UGX 3726.268859
UYU 40.661099
UZS 12151.342029
VES 473.325199
VND 26342.5
VUV 120.24399
WST 2.777713
XAF 565.643526
XAG 0.014294
XAU 0.000219
XCD 2.70255
XCG 1.802676
XDR 0.703479
XOF 565.643526
XPF 102.845809
YER 238.625013
ZAR 17.01335
ZMK 9001.204482
ZMW 19.279373
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSC

    0.0900

    21.99

    +0.41%

  • BCE

    0.1400

    25.38

    +0.55%

  • BTI

    -0.5800

    57.89

    -1%

  • RIO

    1.5200

    94.81

    +1.6%

  • AZN

    3.5100

    200.73

    +1.75%

  • BCC

    -0.7700

    75.08

    -1.03%

  • GSK

    0.8000

    55.99

    +1.43%

  • NGG

    2.2400

    86.84

    +2.58%

  • RELX

    0.0800

    33.23

    +0.24%

  • BP

    -0.8300

    46.17

    -1.8%

  • CMSD

    0.0500

    22.15

    +0.23%

  • RYCEF

    0.5500

    15.64

    +3.52%

  • JRI

    0.2200

    12.52

    +1.76%

  • VOD

    0.1100

    15.13

    +0.73%

Claudia Goldin: Nobel-winning sleuth of the gender pay gap
Claudia Goldin: Nobel-winning sleuth of the gender pay gap / Photo: © 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."

U.Chen--ThChM