By Anonymous • October 20, 2008•Firms and the Private Sector
Using a dataset of survey responses from University of Michigan Law School graduates from the classes of 1970 through 1996, I find that fathers tend to receive higher salaries than non-fathers (a "daddy bonus"). In addition, mothers earn less than non-mothers (a "mommy penalty"). There is also some statistical support for the inference that there is a penalty associated purely with gender (women earning less than men, independent of parenthood), another result that is unique to the literature.The author discusses his findings:
My tentative results confirm the "daddy bonus" that others' have found in other studies, with the range of estimates suggesting a 15-20% salary advantage for fathers. Unlike previous studies, however, I also find a strong suggestion that women with children endure a "mommy penalty," earning perhaps 10-15% less than the childless (and thus 25-35% less than fathers). I also find some weaker statistical support for the hypothesis that childless women earn less than childless men, with my estimates suggesting an 8-9% difference disfavoring women.