Claudia Goldin of the US wins Nobel Economics Prize

The Nobel prize in economics was on Monday awarded to American economist Claudia Goldin for helping understand the role of women in the labour market.

The Harvard professor, who is the third woman to be awarded the prestigious economics prize, was given the nod "for having advanced our understanding of women's labour market outcomes," says Hans Ellegren, Secretary General of the Royal Swedish Academy of Sciences.

The award for economics is the final installment of this year's crop of Nobels that have seen prizes go to COVID-19 vaccine discoveries, atomic snapshots and "quantum dots" as well as to a Norwegian dramatist and an Iranian activist.