Table 4.
Period | Human capital spending per child/Wage | Wage | Human capital spending per child | Average human capital of workers | Human capital spending/GDP | |
---|---|---|---|---|---|---|
0 | Boom | 0.047 | 0.263 | 0.012 | 0.017 | 0.093 |
1 | Decline | 0.100 | 0.234 | 0.023 | 0.012 | 0.100 |
2 | 0.175 | 0.290 | 0.051 | 0.023 | 0.105 | |
3 | Recovery | 0.128 | 0.374 | 0.048 | 0.051 | 0.102 |
4 | 0.100 | 0.367 | 0.037 | 0.048 | 0.100 | |
5 | 0.100 | 0.336 | 0.034 | 0.037 | 0.100 | |
6 | 0.100 | 0.326 | 0.033 | 0.034 | 0.100 |