Military Experience, Civilian Experience, and the Earnings of Veterans

John T. Warner

53 citations0/0 files storedThe Journal of Human Resources

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Labor market dynamics and wage inequality Retirement, Disability, and Employment Education and Military Integration

Abstract

This paper examines the effects of military experience and civilian experience on the earnings of veterans with the objective of determining the substitutability of these two forms of experience for personnel receiving different types of military training. To perform the analysis, the Social Security earnings records of 24, 000 individuals who separated from military service in fiscal year 1971 were obtained for the period 1972-77. Analysis of these data reveals that more military experience does increase subsequent civilian earnings, but that the relative impact of military and civilian experience varies considerably by military occupation category.

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References

1974Schooling, Experience, and Earnings 1983Human Capital 1973Schultz, Theodore W., Investment in Human Capital, New York, The Free Press, 1971, xii + 272 pp. ($8.75)n.d.Economics of the Family: Marriage, Children, and Human Capital 1976A Theory of Life Earnings 1984Technical Training and Earnings: A Polychotomous Choice Model With Selectivity 1979Equal Pay in the Public Sector: Fact or Fantasy.1976Estimation of the Earnings Profile from Optimal Human Capital Accumulation

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2003Wages, earnings, and occupational status: did World War II veterans receive a premium?

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