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2023 Economics Nobel Winner Claudia Goldin's Research on High Wages and Gender Pay Gap Recenters Discipline

7 posts • GPT (3)

Published Nov 2, 2023, 07:36 AM

Nobel laureate economist Claudia Goldin's research on high wages and the predominance of two-income families is highlighted. Her work on female labor-market participation and the gender pay gap has recentered the discipline. Goldin states that the gender pay gap will 'never' close unless certain actions are taken. The UK has failed to make progress on the gender pay gap between 2022 and 2023, with the difference between men and women's wages increasing. However, rising minimum wage in the UK has helped reduce income inequality.

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Sources

Financial Times

@FT

Rising UK minimum wage helps reduce income inequality https://t.co/XsLGc1WyLG

Bloomberg Markets

@markets

The UK failed to make any progress on the gender pay gap between 2022 and 2023 as the difference between men and women’s wages crept up https://t.co/Jz02EVWXmy

Bloomberg Economics

@economics

The UK failed to make any progress on the gender pay gap between 2022 and 2023 as the difference between men and women’s wages crept up https://t.co/1nIIqKxAZk