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This paper uses the 2000 Census 1-in-6 sample to look at the long-term impact of Vietnam-era military service. Instrumental Variables estimates using draft-lottery instruments show post-service earnings losses close to zero in 2000, in contrast with earlier results showing substantial earnings losses for white veterans in the 1970s and 1980s. The estimates also point to a marked increase in schooling that appears to be attributable to the Vietnam-era GI Bill. The net wage effects observed in the 2000 data can be explained by a flattening of the experience profile in middle age and a modest return to the increased schooling generated by the GI Bill. Evidence on disability effects is mixed but seems inconsistent with a long-term effect of Vietnam-era military service on health.
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Subjects
Econometric models, Vietnam War, 1961-1975, Social aspects of Vietnam War, 1961-1975, Economic aspects of Vietnam War, 1961-1975, Health aspects of Vietnam War, 1961-1975, Draft, History, Veterans, Economic conditions, Statistics, Education, Educational attainment, InfluencePlaces
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Long-term consequences of Vietnam-era conscription: schooling, experience, and earnings
2007, National Bureau of Economic Research
in English
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Edition Notes
"September 2007."
Includes bibliographical references (p. [48]-[51]).
Also available in PDF from the NBER World Wide Web site (www.nber.org).
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- Created September 29, 2008
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December 19, 2020 | Edited by MARC Bot | import existing book |
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April 25, 2009 | Edited by ImportBot | add OCLC number |
September 29, 2008 | Created by ImportBot | Imported from Oregon Libraries MARC record |