<?xml version='1.0' encoding='UTF-8'?><xml><records><record><source-app name="HighWire" version="7.x">Drupal-HighWire</source-app><ref-type name="Journal Article">17</ref-type><contributors><authors><author><style face="normal" font="default" size="100%">Murray, Seth</style></author><author><style face="normal" font="default" size="100%">Sandler, Danielle H.</style></author><author><style face="normal" font="default" size="100%">Staiger, Matthew</style></author></authors><secondary-authors></secondary-authors></contributors><titles><title><style face="normal" font="default" size="100%">Female Executives and the Motherhood Penalty</style></title><secondary-title><style face="normal" font="default" size="100%">Journal of Human Resources</style></secondary-title></titles><dates><year><style  face="normal" font="default" size="100%">2025</style></year><pub-dates><date><style  face="normal" font="default" size="100%">2025-09-01 00:00:00</style></date></pub-dates></dates><pages><style  face="normal" font="default" size="100%">1706-1736</style></pages><doi><style  face="normal" font="default" size="100%">10.3368/jhr.0521-11673R1</style></doi><volume><style face="normal" font="default" size="100%">60</style></volume><issue><style face="normal" font="default" size="100%">5</style></issue><abstract><style  face="normal" font="default" size="100%">We use U.S. linked survey and administrative data to investigate whether the sex composition of a firm’s executives affects the earnings of new mothers. Our empirical strategy compares the earnings trajectories of new mothers to observably similar coworkers who did not give birth around that time. On average, mothers earn almost $2,000 less per quarter two years after birth, but the magnitude of these losses is unrelated to the female share of executives at the mothers’ employer. Our results suggest that increasing the representation of women in firms’ leadership positions will not reduce the motherhood penalty.</style></abstract></record></records></xml>