Steven Greenhouse at the New York Times' Economix blog says that "among highly educated women who take time off from their careers to raise their children … those with medical degrees suffer the lowest proportionate loss" associated with the so-called 'mommy penalty,' according to analyses conducted by Harvard's Claudia Goldin and Lawrence Katz. Using a variety of data sets generated by several surveys, Goldin and Katz found that women with MDs who took 18 months off earned about 16 percent less than male doctors, while female PhDs who left work for 18 months earned about 33 percent less than men with PhDs. The Harvard pair found that women with MBAs suffered the greatest losses as a result of leaving work to raise their kids, having earned around 41 percent less than their men with the same degree. Goldin and Katz report their results in a paper published as part of the "Focus on Workplace Flexibility" series presented at a conference held at the Georgetown University Law Center in November, which was sponsored by the Alfred P. Sloan Foundation.
Flexibility for Family-Conscious Female MDs, PhDs
Dec 09, 2010