Full Citation

Title: The Labor Market Earnings of Veterans: Is Military Experience More or Less Valuable than Civilian Experience

Citation Type: Miscellaneous

Publication Year: 2020

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ISSN:

DOI: 10.2139/ssrn.3466518

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Abstract: We provide an updated assessment of the labor market experiences of veterans, documenting three facts, among others. First, we find that male and female veterans receive civilian earnings nearly equivalent to nonveteran men and women. This finding implies that military experience is valued similarly to foregone civilian experience. Second, veterans are clustered in occupations with somewhat lower than average employment and real earnings growth, and in metropolitan areas with lower levels and growth of real GDP per capita. Third, veterans experience lower returns to formal educational investments (e.g., college) than do nonveterans. While we find that veterans realize earnings gains from professional licenses, their returns are lower than for nonveterans.

Url: http://unionstats.gsu.edu/bhirsch/Makridis-Hirsch_Labor Market & Veterans_Oct2020.pdf

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Authors: Makridis, Christos A.; Hirsch, Barry T.

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Data Collections: IPUMS CPS

Topics: Labor Force and Occupational Structure, Other

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