Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/35334
Authors: 
Chaudhuri, Saraswata
Rose, Elaina
Year of Publication: 
2009
Series/Report no.: 
IZA discussion papers 4203
Abstract: 
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.
Subjects: 
Veteran effect
weak instruments
JEL: 
C2
J24
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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