Schooling and the Vietnam-Era GI Bill: Evidence from the Draft Lottery
Draft-lottery estimates of the consequences of Vietnam-era service using 2000 census data show marked schooling gains for veterans. We argue that these gains can be attributed to Vietnam veterans’ use of the GI Bill rather than draft avoidance behavior. At the same time, draft lottery estimates o...
| Principais autores: | , |
|---|---|
| Outros Autores: | |
| Formato: | Artigo |
| Idioma: | en_US |
| Publicado em: |
American Economic Association
2011
|
| Acesso em linha: | http://hdl.handle.net/1721.1/61798 https://orcid.org/0000-0001-6992-8956 |
| Resumo: | Draft-lottery estimates of the consequences of Vietnam-era service using 2000
census data show marked schooling gains for veterans. We argue that these gains
can be attributed to Vietnam veterans’ use of the GI Bill rather than draft avoidance
behavior. At the same time, draft lottery estimates of the earnings consequences
of Vietnam-era service are close to zero in 2000. These results can be reconciled
by a flattening of the age-earnings profile in middle age and a modest economic
return to the schooling subsidized by the GI Bill. Other long-run consequences of
Vietnam-era service include increased migration and public-sector employment. |
|---|