Template-Type: ReDIF-Article 1.0

Author-Name: Judit Edit Futo
Author-Workplace-Name: University of Debrecen
Author-Email: futo.judit@econ.unideb.hu
Author-Person: 

Author-Name: Anna Lovasz
Author-Workplace-Name: University of Washington Tacoma
Author-Email: plovi@uw.edu
Author-Person: plo288

Title: The Long Road Towards Women's Equality in the Labour Market - Claudia Goldin's Research on Historical Trends and Contributing Factors

Abstract: Claudia Goldin won the 2023 Nobel Prize in Economics for her research on women
in the labour market. Her body of work provides a broad, data-driven, historical
overview of gender inequalities and evidence of the impacts of specific changes
and institutional elements. We review her main findings regarding the evolution of
women's employment and earnings in light of key historical events. She documented
a U-shaped labour supply curve over time, which challenged past notions of a
monotonous positive relationship between economic development and women's
labour supply. Her work brought attention to complex forces that shaped the past,
such as the rise of factory jobs, service-sector jobs and the contraceptive pill. Her
research also points to remaining causes of inequalities, such as high-earning
professions that disproportionately favour long work hours and continuous job
attachment. Her work contributes to our knowledge of this social issue and has
catalysed new areas of research.

Classification-JEL: J1, J31, J71
Keywords: Nobel prize, women's labour market participation, gender pay gap
Pages: 135-154
Volume: 23
Issue: 1
Year: 2024
File-URL: https://en-hitelintezetiszemle.mnb.hu/letoltes/fer-23-1-e1-futo-lovasz.pdf
File-Format: Application/pdf
Handle: RePEc:mnb:finrev:v:23:y:2024:i:1:p:135-154