Factors affecting post-service wage growth for veterans
Nuckols, Donald Bert, Jr.
Mehay, Stephen L.
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This thesis analyzes factors affecting the post-service earnings and wage growth of veterans. The 1979-1987 National Longitudinal Survey of Youth was the source for the data. Log-earnings regression models were estimated for the 1982 and 1985 surveys. Veteran status was found to have a negative effect on earnings in 1982, but had no effect on earnings in 1985. The most important single factor affecting earning these two years was the local unemployment rate. It was also discovered that the determinants of earnings in 1982 differed significantly between civilians and veterans. Earnings growth equations were estimated for the period 1982 until 1985. Veteran status was found to have a large positive effect on wage growth. This effect disappears after approximately five years.
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