Child Penalty: Unveiling Gender Gaps

Dive into the world of economics with a twist! This captivating article from the London School of Economics explores the child penalty and its massive role in the gender earnings gap in affluent countries. Discover how parenthood reshapes women's careers, diving deep with insights from economists and MPs at the Women, work and economics event. It's not just about changing diapers; it's about changing norms and breaking barriers. Ready to unravel the mystery behind the persistent pay gap? Let's get started!

Unraveling the Mystery of the Gender Earnings Gap

Imagine you and a friend both start a race at the same point, but halfway, your friend gets a scooter while you continue on foot. Unfair, right? That's a bit like what happens in the world of work due to something called the 'child penalty.' This concept explains why women, on average, earn less than men in many rich countries after they have children. It's not just about pay; it's about the choices and sacrifices women often make regarding their careers post-parenthood—choices that stem from deep-rooted societal expectations and norms. Understanding this issue is crucial because it affects half of the world's population and has significant implications for economic growth, productivity, and gender equality. Plus, it's a topic that directly or indirectly impacts everyone, including you, whether now or in the future.