The Baby Penalty?
Highly educated women delay having children longer than those without as much schooling, and face greater wage losses if they don’t.
The source: “Understanding the Returns to Delayed Childbearing for Working Women” by Kasey Buckles, and “Transitions: Career and Family Life Cycles of the Educational Elite” by Claudia Goldin and Lawrence F. Katz, in The American Economic Review, May 2008.
Why have women not risen further and faster in business since pouring into the work force in the 1970s? It remains a great conundrum of...