Abstract

This article examines 1940 US census data to assess the relative wages of World War I (WWI) veteran and nonveteran men. Our empirical analysis indicates a 3.6% wage premium for veterans, after controlling earnings-related characteristics. Although lower than comparable estimates for WWII veterans, our results suggest that American veterans of the Great War earned a higher wage premium than those of the Vietnam or Korean conflicts.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call