According to Alwyn Young, HIV will lead to lower fertility choices, whereas Sebnem Kalemli-Ozcan argues that HIV
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According to Alwyn Young, HIV will lead to lower fertility choices, whereas Sebnem Kalemli-Ozcan argues that HIV will lead to higher fertility choices. Use the economics of fertility choices analyzed in Chapter 3 to evaluate both arguments. Draw a two-dimensional diagram with the number of children on the horizontal axis and consumption on the vertical axis. Draw a budget line, indifference curves, and optimal fertility choice. Show how Young's argument affects fertility choices in this diagram. Do the same exercise for Kalamli-Ozcan's argument. Discuss which of the arguments seems more plausible and why.
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