Claudia Goldin

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Claudia Goldin
Claudia Goldin (cropped).jpg
Goldin in 2019
Born (1946-05-14) May 14, 1946 (age 77)
The Bronx, New York City, U.S.
Education
Academic career
Institution
Field
Doctoral
advisor		 Robert Fogel [4]
Doctoral
students
Awards
Information at IDEAS / RePEc
Academic background
Thesis The Economics of Urban Slavery: 1820 to 1860  (1972)
Website Official website

Claudia Dale Goldin (born May 14, 1946) is an American economic historian and labor economist. She is the Henry Lee Professor of Economics at Harvard University. [9] [1] In October 2023, she was awarded the Nobel Memorial Prize in Economic Sciences "for having advanced our understanding of women's labor market outcomes”. [10] The third woman to win the award, she was the first woman to win the award solo. [9] [11]

Contents

She is a co-director (co-directing with Claudia Olivetti and Jessica Goldberg) of the National Bureau of Economic Research's (NBER) Gender in the Economy study group, [12] and was the director of the NBER's Development of the American Economy program from 1989 to 2017. [2]

Goldin's historical work on women and the American economy is what she is best known for. Regarding that subject, her papers that have been most influential have been those about the impact of the contraceptive pill on women's career and marriage decisions, the education of women and men together in higher education, the history of women's pursuit of career and family, women's last names after marriage as a social indicator, the reasons most undergraduates are now women, and the new life history of women's employment. [13]

In 1990, Goldin became the first woman to be tenured in Harvard's economics department. [14] In 2013 she was the president of the American Economic Association. [1]

Biography

Early life and education

Claudia Goldin was born in the Bronx, New York City on May 14, 1946. [9] [15] Her family was Jewish. [16] Her father Leon Goldin (1918—2011) worked as a data processing manager at Burlington Industries, [15] and her mother Lucille Rosansky Goldin (1919—2020) was the principal of Public School 105 in the Bronx. [17] [18] As a child, Claudia was determined to become an archaeologist, but upon reading Paul de Kruif's The Microbe Hunters (1927) in junior high school, she became drawn to bacteriology. As a high school junior, she completed a summer school course in microbiology at Cornell University and after graduating from the Bronx High School of Science she entered Cornell University with the intention of studying microbiology. [19] [20] [21]

In her sophomore year, Goldin took a class with Alfred Kahn, "whose utter delight in using economics to uncover hidden truths did for economics what Paul de Kruif's stories had done for microbiology." [20] In 1967 she graduated from Cornell University with a BA in economics, and in 1969 she finished her Master's degree in Economics at the University of Chicago. [22] She received a PhD in industrial organization and labor economics from the University of Chicago in 1972. [21] She wrote her PhD dissertation on slavery in southern antebellum cities. [23] [24]

Career

From 1971-1973, she was an assistant professor of economics at the University of Wisconsin. She was also an assistant professor of economics from 1973-1979, at Princeton University. From 1979-1985 she was an associate professor of economics at the University of Pennsylvania, and from 1985-1990 she was a professor of economics there. [22] She joined the economics department at Harvard University in 1990, where she was in 1990 the first woman to be given tenure in that department. [14]

Goldin was the president of the American Economic Association in 2013 and the president of the Economic History Association in 1999/2000. [1] She has been elected fellow of numerous organizations, including the American Academy of Political and Social Science, the Society of Labor Economists, the Econometric Society, and the American Academy of Arts and Sciences. [25] She is a member of sections 53 (Social and Political Sciences) and 54 (Economic Sciences) of the National Academy of Sciences. [26] She has received several honorary doctorates including the University of Nebraska system, [27] [28] Lund University, [29] the European University Institute, [30] the University of Zurich, [31] Dartmouth College, [32] and the University of Rochester. [33] She was an editor of the Journal of Economic History, from 1984 to 1988. [25]

In 2015, with funding from the Alfred P. Sloan Foundation, Goldin and Tatyana Avilova initiated the Undergraduate Women in Economics (UWE) Challenge in hopes of shrinking the gender gap among undergraduate majors in economics. A randomized controlled trial was carried out for one year using twenty institutions to receive the treatment and sixty-eight others as controls to see if light-touch, low-cost interventions could increase the number of female economics majors. It was found that the treatment "may have been successful at liberal arts colleges and possibly at the larger universities that, in addition, had their own RCT [randomized controlled trial]." [34] [35]

For 28 years ending in 2017, Goldin was the director of the Development of the American Economy (DAE) Program at the National Bureau of Economic Research (NBER). [21]

Research

Goldin wrote regarding the American Civil War and slavery. Notably, together with the late Frank Lewis, she wrote the groundbreaking piece "The Economic Cost of the American Civil War: Estimates and Implications" (1975). [36] [37] Also, in 1976 her book Urban Slavery in the American South, 1820 to 1860: A Quantitative History was published. [38]

However, Goldin's historical work on women and the American economy is what she is best known for. Regarding that subject, her papers that have been most influential have been those about the impact of the contraceptive pill on women's career and marriage decisions, the education of women and men together in higher education, the history of women's pursuit of career and family, women's last names after marriage as a social indicator, the reasons most undergraduates are now women, and the new life history of women's employment. [13] Her book Understanding the Gender Gap: An Economic History of American Women (1990) told the story of women's employment in the U.S. from the late eighteenth century to the late twentieth century. [38]

After writing that book on the economic history of the female labor force, Goldin set out to research the history of U.S. education. She began with a series of articles on the high school movement and the shaping of higher education in the U.S. that culminated in her Economic History Association presidential address, "The Human Capital Century and American Leadership: Virtues of the Past" (2001). [39] [40] [41]

She then worked with Lawrence Katz to understand the history of economic inequality in America and its relationship to educational advances. Their research produced many papers on the subject and was capped by the publication of The Race between Education and Technology (2008), which argues that the United States became the world's richest nation thanks to its schools. [42] [21] This book was praised as "a monumental achievement that supplies a unified framework for interpreting how the demand and supply of human capital have shaped the distribution of earnings in the U.S. labor market over the twentieth century", [43] and Alan Krueger of Princeton University said that it "represent[ed] the best of what economics has to offer". [44]

She and Katz also worked together in determining the value of a college education in the labor market through their 2016 paper "The Value of Postsecondary Credentials in the Labor Market: An Experimental Study". [45]

Goldin continued to work on various other topics, including the role of the press in reducing corruption, the effect of providing clean water and effective sewage systems to reduce infant mortality (see the 2018 paper "Watersheds in Child Mortality: The Role of Effective Water and Sewerage Infrastructure, 1880 to 1920", which Goldin co-wrote with Marcella Alsan), [46] the origins of immigration restriction, and the creation of U.S. unemployment insurance. [47] [48]

During those years, she also published a series of important papers on gender. "Orchestrating Impartiality: The Effect of 'Blind' Auditions on Female Musicians" (with Cecilia Rouse, 2000) is among her most highly cited papers. "The Power of the Pill: Oral Contraceptives and Women's Career and Marriage Decisions" (with Katz, 2002) and "The U-Shaped Female Labor Force Function in Economic Development and Economic History," (1995) are some of her pioneering papers. She then began to focus on college women's quest for career and family and the reasons for the persistent gender gap in earnings. [49] [50] [51] Her American Economic Association presidential address, "A Grand Gender Convergence: Its Last Chapter" set forth what the last chapter of employment must contain for there to be equality between men and women in the labor market. [52] Her book Career & Family: Women's Century-Long Journey toward Equity (2021) traces the history of college-educated women dealing with the problem of balancing career and family throughout the twentieth century in the United States, [53] including the impact of the COVID-19 pandemic on women's careers. [54] [55]

Personal life

Goldin is married to fellow Harvard economics professor Lawrence Katz. [56] She has had Golden Retrievers ever since 1970, starting with Kelso. Pika, her and her husband's current dog, has been widely recognized for his award in competitive scenting, was trained for obedience competitions, and has been a therapy dog at a local nursing home. [57]

Awards

Selected works

See also

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References

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  4. ↑ Lee, Tori (October 9, 2023). "UChicago alum Claudia Goldin wins Nobel Prize for research on gender and labor". University of Chicago . Retrieved October 9, 2023.
  5. 1 2 "Former Princeton Professor Claudia Goldin Wins Nobel Prize in Economics". Princeton Alumni Weekly. October 9, 2023.
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  8. ↑ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2023". NobelPrize.org.
  9. 1 2 3 "Claudia Goldin '67 wins Nobel Prize in Economics | Cornell Chronicle". news.cornell.edu.
  10. ↑ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2023". October 9, 2023.
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  12. ↑ "Gender in the Economy - Advisory Board Members". NBER.
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  14. 1 2 Alexander, Sophie M. (April 26, 2007). "Goldin Demystifies Gender Economics". The Harvard Crimson .
  15. 1 2 Camera, Daily (June 24, 2011). "Leon Goldin".
  16. ↑ "Sheryl Sandberg interview on Harvard professor Claudia Goldin winning Nobel Prize". The Independent. October 11, 2023.
  17. ↑ "Lucille Goldin Obituary (2020) – Boulder, CO – The Daily Camera". Legacy.com.
  18. ↑ "Lucille Goldin Obituary – Boulder, CO". Dignity Memorial.
  19. ↑ "Claudia Goldin". www.richmondfed.org. Retrieved October 9, 2023.
  20. 1 2 "Economist as Detective". Archived from the original on September 21, 2015.
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  23. ↑ "The University of Chicago Magazine". mag.uchicago.edu.
  24. ↑ Goldin, Claudia. "Urban Slavery in the American South". Rare Americana. Archived from the original on August 20, 2021. Retrieved August 20, 2021.
  25. 1 2 "Claudia Goldin, Distinguished Fellow 2014". aeaweb.org. American Economic Association . Retrieved October 10, 2023.
  26. ↑ "Claudia D. Goldin". nasonline.org. National Academy of Sciences . Retrieved October 10, 2023.
  27. ↑ "Honorary Degrees" (PDF). University of Nebraska system . Retrieved October 10, 2023.
  28. ↑ Clement, Douglas. "Interview with Claudia Goldin | Federal Reserve Bank of Minneapolis". minneapolisfed.org. Federal Reserve Bank of Minneapolis . Retrieved October 10, 2023.
  29. ↑ "LUSEM honorary doctor receives the Prize in Economic Sciences 2023". Lund University School of Economics and Management. Retrieved October 10, 2023.
  30. ↑ "Doctor Honoris Causa of the EUI". European University Institute. Retrieved October 10, 2023.
  31. ↑ "Prof. Dr. Claudia Goldin". uzh.ch (in German). University of Zurich . Retrieved October 10, 2023.
  32. ↑ "Claudia Goldin, Doctor of Humane Letters | Dartmouth". home.dartmouth.edu. Dartmouth College. June 22, 2022. Retrieved October 10, 2023.
  33. ↑ "Honorary degrees". rochester.edu. University of Rochester . Retrieved October 10, 2023.
  34. ↑ "Undergraduate Women in Economics (UWE)". scholar.harvard.edu. Retrieved October 10, 2023.
  35. ↑ Avilova, Tatyana; Goldin, Claudia (August 21, 2023). "What the Undergraduate Women in Economics Challenge did for economics". CEPR. Retrieved October 10, 2023.
  36. ↑ Goldin, Claudia D.; Lewis, Frank D. (1975). "The Economic Cost of the American Civil War: Estimates and Implications". The Journal of Economic History. 35 (2): 299–326. doi:10.1017/S0022050700075070. S2CID   18760067.
  37. ↑ Coclanis, Peter A. (October 15, 1996). "The American Civil War in Economic Perspective: Basic Questions and Some Answers" (PDF). Southern Cultures. 2 (2): 163–175. doi:10.1353/scu.1996.0000. JSTOR   26235409. S2CID   143721298.
  38. 1 2 "Claudia Goldin | Biography, Nobel Prize, & Facts | Britannica". www.britannica.com. October 11, 2023. Retrieved October 11, 2023.
  39. ↑ Goldin, Claudia; Katz, Lawrence F. (1999). "Human Capital and Social Capital: The Rise of Secondary Schooling in America, 1910–1940". The Journal of Interdisciplinary History. 29 (4): 683–723. doi:10.1162/002219599551868. ISSN   0022-1953. JSTOR   206979. S2CID   144861011.
  40. ↑ "High School Movement | Lawrence Katz". scholar.harvard.edu. Retrieved October 13, 2023.
  41. ↑ Goldin, Claudia (2001). "The Human-Capital Century and American Leadership: Virtues of the Past". The Journal of Economic History. 61 (2): 263–292. doi:10.1017/S0022050701028017. ISSN   0022-0507. JSTOR   2698021. S2CID   260620124.
  42. ↑ Kotkin, Stephen (October 5, 2008). "Minding the Inequality Gap". New York Times.
  43. ↑ Daron Acemoğlu; David Autor (June 2012). "What Does Human Capital Do? A Review of Goldin and Katz's The Race between Education and Technology". Journal of Economic Literature . 50 (2): 426–463. doi:10.1257/jel.50.2.426. hdl: 1721.1/73913 . S2CID   1160680.
  44. ↑ Goldin, Claudia Dale; Katz, Lawrence F. (2009). The Race between Education and Technology. Harvard University Press. ISBN   978-0674035300.
  45. ↑ Deming, David J.; Yuchtman, Noam; Abulafi, Amira; Goldin, Claudia; Katz, Lawrence F. (March 2016). "The Value of Postsecondary Credentials in the Labor Market: An Experimental Study". American Economic Review. 106 (3): 778–806. doi: 10.1257/aer.20141757 . ISSN   0002-8282. S2CID   31434378.
  46. ↑ Walker, Peter J. (December 2018). "Time Traveler" (PDF). Harvard.edu.
  47. ↑ Goldin, Claudia (1993). The Regulated Economy: A Historical Approach to Political Economy. Chicago: University of Chicago Press.
  48. ↑ Goldin, Claudia; Katz, Lawrence; Bordo, Michael; White, Eugene (1998). The Defining Moment: The Great Depression and the American Economy in the Twentieth Century. University of Chicago Press.
  49. ↑ Tolbert, Pamela S. (March 2023). "Claudia Goldin. Career and Family: Women's Century-Long Journey Toward Equity". Administrative Science Quarterly. 68 (1): NP9–NP11. doi:10.1177/00018392221105201. ISSN   0001-8392. S2CID   249814162.
  50. ↑ Olivetti, Claudia; Petrongolo, Barbara (October 31, 2016). "The Evolution of Gender Gaps in Industrialized Countries". Annual Review of Economics. 8 (1): 405–434. doi: 10.1146/annurev-economics-080614-115329 . hdl: 10419/130335 . ISSN   1941-1383. S2CID   1740869.
  51. ↑ Jayachandran, Seema (August 1, 2015). "The Roots of Gender Inequality in Developing Countries". Annual Review of Economics. 7 (1): 63–88. doi: 10.1146/annurev-economics-080614-115404 . ISSN   1941-1383. S2CID   3668332.
  52. ↑ Goldin, Claudia (2014). "A Grand Gender Convergence: Its Last Chapter". American Economic Review. 104 (4): 1091–1119. doi:10.1257/aer.104.4.1091. ISSN   0002-8282. S2CID   155044380.
  53. ↑ S.D. (February 12, 2024). "Reviewed work: Career and Family: Women's Century-Long Journey Toward Equity, Claudia Goldin". Population and Development Review. 47 (4): 1219–1221. JSTOR   45420162 – via JSTOR.
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  61. ↑ "Claudia Goldin Named the Recipient of the 2005 Carolyn Shaw Bell Award".
  62. ↑ Glaser, Linda B. (October 15, 2014). "Oct. 23 talk will show path to full gender equality | Cornell Chronicle". Cornell Chronicle.
  63. ↑ "The John R. Commons Award". The American Economist. 66 (1): 8. March 17, 2021. doi:10.1177/0569434520980962 – via CrossRef.
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  65. ↑ Plc, Clarivate. "Clarivate Reveals 2020 Citation Laureates – Annual List of Researchers of Nobel Class". www.prnewswire.com (Press release). Retrieved October 9, 2023.
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  67. ↑ "2022 Visionary Awards Benefit Dinner". Council for Economic Education. May 7, 2022.
  68. ↑ "BBC 100 Women 2023: Who is on the list this year?". BBC News. November 23, 2023. Retrieved November 24, 2023.
  69. ↑ "Greta Gerwig among 2024 Time's Women Of The Year list". The Economic Times. February 21, 2024.
  70. ↑ "Nobel Laureate Claudia Goldin Told the 'Big and Bold' Story Other Economists Ignored". Time. February 21, 2024.
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