Post-service earnings of veterans: a survey and further research.
Miller, Carolyn J.
Mehay, Stephen L.
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This thesis analyzes the post-service labor market experience of military veterans. First, an exhaustive survey of the literature on the post-service earnings was conducted. Research studies were classified according to survey sample, methodology and empirical findings. Second, an empirical analysis of the effect of veteran status on post-service earnings was performed. A dataset was created using the 1986 Reserve Components Survey . Standard human capital models were estimated to measure the effect of (1) veteran status, (2) formal military training (3) military on-the-job training, and 95) civilian-reserve job similarity. The results indicate a small overall negative return to veteran status. However, results for the individual services varied. A positive return was found for service in the Air Force, Navy and Marine Corps, but a penalty was observed for service in the Army . It appears that black veterans were not hurt by military service. The results for training and transfer variables were positive for the Air Force, Navy and Marine Corps
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