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This article discusses how European women are historically bearing their first children later than ever before. In the United States and other countries, entry into parenthood is also seeing delays. Many experts argue that such fertility trends in developed countries are characterized by increasing, persistent, and arguably irreversible delays in childbearing in many socioeconomic conditions. Many of the informal age deadlines for childbearing are apparently being challenged and biological limits are being pushed. The article also presents information about the physiological aspects of late fertility and discusses the effect of new technologies on conception and pregnancy. Sweden's late and very late fertility is also examined.

We investigated the timing of fertility and marriage in Sweden using exogenous variation in the age at school graduation that results from differences in birth month. Our analysis found that the difference of 11 months in the age at leaving school between women who were born in two consecutive months, December and January, implies a delay in the age at first birth of 4.9 months. This effect of delayed graduation also persists for the timing of second births and first marriages, but it does not affect completed fertility or the overall probability of marriage before age 45. These results suggest the existence of a relatively rigid sequencing of demographic events in early adulthood, and the age at graduation from school emerges as an important factor in determining the timing--but not the quantum--of familyformation. In addition, these effects point to a potentially important influence of social age, defined by an individual's school cohort, instead of biological age. The relevance of social age is likely due to social interactions and peer-group influences exerted by individuals who are in the same school cohort but are not necessarily of the same age. [ABSTRACT FROM AUTHOR]

Bongaarts and Feeney have recently proposed an adjusted total fertility rate to disentangle tempo effects from changes in the quantum of fertility. We propose an extension to the Bongaarts and Feeney formula that includes variance effects: that is, changes in the variance of the fertility schedule over time. If these variance effects are ignored, the mean age at birth and the adjusted total fertility rate are biased. We provide approximations for these biases, and we extend the TFR adjustment to fertility schedules with changing variance. We apply our method to the Swedish baby boom and bust, and show that variance effects are important for evaluating the relative contributions of tempo and quantum effects to the fertility change from 1985 to 1995. [ABSTRACT FROM AUTHOR]