Assisted reproductive technologies (ART) in a model of fertility choice

We examine the relationship between assisted reproductive technologies (ART) and the microeconomics of fertility choice. Along the way, we develop a model consistent with between-country differences in overall fertility and fertility timing. Our analysis of ART centers around the distinction between biomedical and behavioral effects. While improvements in ART have the biomedical effect of raising fertility, they may cause some women who would otherwise have tried to have children earlier on in life to postpone childbirth to later in life when the conception success probability is lower. This behavioral effect of postponement may reduce the fertility rate.