Link of the day: Do Highly Paid, Highly Skilled Women Experience the Largest Motherhood Penalty?

Motherhood reduces women’s wages. […] We find that among white women, the most privileged—women with high skills and high wages—experience the highest total penalties, estimated to include effects mediated through lost experience. Although highly skilled, highly paid women have fairly continuous experience, their high returns to experience make even the small amounts of time some of them take out of employment for childrearing costly.