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. Author manuscript; available in PMC: 2014 Feb 1.
Published in final edited form as: Popul Dev Rev. 2013 Feb 19;38(Suppl 1):23–35. doi: 10.1111/j.1728-4457.2013.00549.x

FIGURE 2. Tradeoff between fertility and human capital spending.

FIGURE 2

NOTE: Human capital spending is total private and public spending per child on health from age 0 to 17 and on education from age 0 to 24 expressed as a percent of average annual labor income at ages 30–49 in each population.