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

USD -
AED 3.672495
AFN 65.50327
ALL 80.252226
AMD 365.819684
ANG 1.789783
AOA 917.999774
ARS 1489.202203
AUD 1.409692
AWG 1.80125
AZN 1.705159
BAM 1.691612
BBD 2.013139
BDT 122.6901
BGN 1.696366
BHD 0.376955
BIF 2988.136891
BMD 1
BND 1.278517
BOB 11.648756
BRL 5.226602
BSD 0.999563
BTN 95.325535
BWP 13.465905
BYN 3.040208
BYR 19600
BZD 2.010163
CAD 1.387619
CDF 2272.999856
CHF 0.811455
CLF 0.023216
CLP 913.690251
CNY 6.743201
CNH 6.742502
COP 3123.49
CRC 449.699638
CUC 1
CUP 26.5
CVE 95.374635
CZK 20.909701
DJF 177.983437
DKK 6.45512
DOP 58.506797
DZD 132.784883
EGP 50.278497
ERN 15
ETB 161.682098
EUR 0.86347
FJD 2.21345
FKP 0.740977
GBP 0.738085
GEL 2.609997
GGP 0.740977
GHS 10.94471
GIP 0.740977
GMD 73.498292
GNF 8780.192453
GTQ 7.626074
GYD 209.068696
HKD 7.84735
HNL 26.795144
HRK 6.5132
HTG 130.74072
HUF 313.233498
IDR 17809.35
ILS 2.9551
IMP 0.740977
INR 95.642398
IQD 1309.396638
IRR 1374587.496773
ISK 122.779695
JEP 0.740977
JMD 158.290121
JOD 0.709019
JPY 159.041499
KES 129.250166
KGS 87.450105
KHR 4044.370446
KMF 426.999971
KPW 900.000294
KRW 1412.639981
KWD 0.30858
KYD 0.832969
KZT 463.807353
LAK 22558.003762
LBP 89503.492118
LKR 332.608197
LRD 181.419508
LSL 16.169578
LTL 2.95274
LVL 0.60489
LYD 6.364419
MAD 9.270704
MDL 17.332336
MGA 4302.981815
MKD 53.221809
MMK 2099.413896
MNT 3597.332522
MOP 8.078535
MRU 40.139599
MUR 47.100783
MVR 15.450155
MWK 1733.128635
MXN 17.00409
MYR 4.086198
MZN 63.910016
NAD 16.169438
NGN 1359.680038
NIO 36.786998
NOK 9.433925
NPR 152.530263
NZD 1.696454
OMR 0.384501
PAB 0.999503
PEN 3.371291
PGK 4.490038
PHP 61.410502
PKR 277.622707
PLN 3.717105
PYG 5999.091833
QAR 3.643755
RON 4.523802
RSD 101.283951
RUB 84.249654
RWF 1469.849192
SAR 3.757224
SBD 8.048583
SCR 13.844533
SDG 600.501643
SEK 9.504022
SGD 1.278385
SHP 0.740866
SLE 24.501297
SLL 20969.499227
SOS 571.228392
SRD 37.974499
STD 20697.981008
STN 21.191847
SVC 8.745594
SYP 13001.999906
SZL 16.168082
THB 33.115016
TJS 9.230177
TMT 3.51
TND 2.930439
TOP 2.40776
TRY 47.8852
TTD 6.771876
TWD 31.987901
TZS 2649.998007
UAH 44.71415
UGX 3713.330537
UYU 40.047746
UZS 11898.82067
VES 770.1091
VND 26148.5
VUV 118.611996
WST 2.733656
XAF 567.350963
XAG 0.015338
XAU 0.000228
XCD 2.70255
XCG 1.801393
XDR 0.707052
XOF 567.380408
XPF 103.151367
YER 237.204601
ZAR 16.182575
ZMK 9001.201804
ZMW 18.889874
ZWL 321.999592
  • CMSC

    0.0000

    21.475

    0%

  • BP

    0.2696

    42.58

    +0.63%

  • RBGPF

    -0.8200

    71.34

    -1.15%

  • NGG

    -0.1750

    81.025

    -0.22%

  • BCE

    0.1700

    23.49

    +0.72%

  • CMSD

    0.0400

    21.63

    +0.18%

  • GSK

    -0.7985

    49.2

    -1.62%

  • RYCEF

    0.0100

    20.72

    +0.05%

  • BCC

    -0.7200

    83.41

    -0.86%

  • RELX

    -0.1750

    34.495

    -0.51%

  • BTI

    -0.2800

    57.07

    -0.49%

  • RIO

    -0.2550

    95.835

    -0.27%

  • AZN

    -1.3550

    155.885

    -0.87%

  • JRI

    0.0973

    12.6438

    +0.77%

  • VOD

    0.2000

    16.42

    +1.22%

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