Schooling and the Vietnam-Era GI Bill: Evidence from the Draft Lottery

24 Pages Posted: 10 Apr 2011

See all articles by Joshua D. Angrist

Joshua D. Angrist

Massachusetts Institute of Technology (MIT) - Department of Economics; National Bureau of Economic Research (NBER); IZA Institute of Labor Economics

Stacey H. Chen

GRIPS

Date Written: April, 10 2011

Abstract

Draft-lottery estimates of the causal effects of Vietnam-era military 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. The earnings and schooling 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 increases in migration and public sector employment.

JEL Classification: H52, I22, I23, J24, J31, J45

Suggested Citation

Angrist, Joshua and Chen, Stacey Hsiangju, Schooling and the Vietnam-Era GI Bill: Evidence from the Draft Lottery (April, 10 2011). Applied Economics, Vol. 3, No. 2, 2011. Available at SSRN: https://ssrn.com/abstract=1806391

Joshua Angrist (Contact Author)

Massachusetts Institute of Technology (MIT) - Department of Economics ( email )

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National Bureau of Economic Research (NBER)

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Stacey Hsiangju Chen

GRIPS ( email )

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