Schooling and the Vietnam-Era GI Bill: Evidence from the Draft Lottery
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Angrist_Schooling and.pdf
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Author(s)
Angrist, Joshua
Chen, Stacey H.
Date Issued
October 2010
Journal
American Economic Journal: Applied Economics
Publisher
American Economic Association
Citation
Angrist, Joshua D., and Stacey H. Chen. 2011. "Schooling and the Vietnam-Era GI Bill: Evidence from the Draft Lottery." American Economic Journal: Applied Economics, 3(2): 96–118.
Version
Author's final manuscript
Abstract
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.
MIT Department
Massachusetts Institute of Technology. Department of Economics
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Creative Commons Attribution-Noncommercial-Share Alike 3.0
Persistent DSpace Link
DOI of Published Version
http://dx.doi.org/10.1257/app.3.2.96
https://doi.org/10.1257/app.3.2.96
