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Title: Economic Returns to Military Service
Resulting in 1 citation.
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Daymont, Thomas N. Andrisani, Paul J. |
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Economic Returns to Military Service Technical Report, Center for Labor and Human Resource Studies, Temple University. Prepared for the U.S. Army Recruiting Command, Evaluation Directorate, Fort Sheridan, Illinois, November 1986. Also: http://www.dtic.mil/cgi-bin/GetTRDoc?AD=ADA179252&Location=U2&doc=GetTRDoc.pdf Cohort(s): Older Men, Young Men Publisher: Center for Labor and Human Resource Studies, Temple University Keyword(s): Earnings; Education; Legislation; Military Service; Military Training; Racial Differences; Unemployment; Veterans Permission to reprint the abstract has not been received from the publisher. The purpose of this study is to assess the extent to which service in the military is a good career investment for young men. Many young men enter the Armed Forces with the anticipation that their training and experiences will enhance their civilian careers. However, others seem to hold the negative view that skills obtained through military training have little payoff in the civilian labor market. Using data from the NLS of Older Men and Young Men, this study found that: (1) there is a significant earnings advantage for young men in the military relative to their civilian counterparts; (2) the earnings of servicemen drop substantially at the time of separation; (3) civilian earnings of former servicemen then rise rapidly and overtake the earnings of their civilian counterparts within one to four years after separation; (4) higher earnings of veterans persist until the end of the period covered by the study; (5) many veterans go back to school to further their education; (6) veterans who obtain college education earn more than men who work in the civilian labor market and then go to college; (7) unemployment trajectories mirror the earnings trajectories; (8) economic returns to military service for minorities are greater than for whites; (9) civilian earnings for Army veterans are lower than other services; (10) small differences exist among those with combat arms, technical, and other types of military service in terms of subsequent civilian earnings. |
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Bibliography Citation
Daymont, Thomas N. and Paul J. Andrisani. "Economic Returns to Military Service." Technical Report, Center for Labor and Human Resource Studies, Temple University. Prepared for the U.S. Army Recruiting Command, Evaluation Directorate, Fort Sheridan, Illinois, November 1986. |