ERIC Number: ED502009
Record Type: Non-Journal
Publication Date: 2007-Sep
Abstractor: As Provided
Reference Count: N/A
Long-Term Consequences of Vietnam-Era Conscription: Schooling, Experience, and Earnings. NBER Working Paper No. 13411
Angrist, Joshua D.; Chen, Stacey H.
National Bureau of Economic Research
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.
Descriptors: Military Service, Income, Physical Health, Longitudinal Studies, Foreign Countries, Military Personnel, Veterans, Veterans Education, Student Financial Aid, Disabilities, Whites
National Bureau of Economic Research. 1050 Massachusetts Avenue, Cambridge, MA 02138-5398. Tel: 617-588-0343; Web site: http://www.nber.org/cgi-bin/get_bars.pl?bar=pub
Publication Type: Reports - Descriptive
Education Level: Adult Education
Authoring Institution: National Bureau of Economic Research, Cambridge, MA.
Identifiers - Location: Vietnam
Identifiers - Laws, Policies, & Programs: G I Bill