Arbeitspapier

Estimating the veteran effect with endogenous schooling when instruments are potentially weak

Instrumental variables estimates of the effect of military service on subsequent civilian earnings either omit schooling or treat it as exogenous. In a more general setting that also allows for the treatment of schooling as endogenous, we estimate the veteran effect for men who were born between 1944 and 1952 and thus reached draft age during the Vietnam era. We apply a variety of state-of-the-art econometric techniques to gauge the sensitivity of the estimates to the treatment of schooling. We find a significant veteran penalty.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 4203

Classification
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Subject
Veteran effect
weak instruments
Einkommen
Bildungsertrag
Soldaten
Wehrdienst
USA

Event
Geistige Schöpfung
(who)
Chaudhuri, Saraswata
Rose, Elaina
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2009

Handle
URN
urn:nbn:de:101:1-20090615185
Last update
20.09.2024, 8:25 AM CEST

Data provider

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Object type

  • Arbeitspapier

Associated

  • Chaudhuri, Saraswata
  • Rose, Elaina
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2009

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