What are the effects of postponing motherhood?

In 2020, the number of live births fell to a new record low in many industrialized countries as the Covid-19 pandemic amplified an aleady existing trend: postponing motherhood. Young women now tend to invest more time in their education and careers before starting a familiy.

This behavior might result in a further decline in the total number of births and thus compound the challenges faced by already aging societies. But at the individual level, it could help narrow the income and pension gaps between men and women.

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