A Great Place to Start: The Role of Military Service on Human Capital Formation

John Hisnanick

LABOUR, 2003, vol. 17, issue 1, 25-45

Abstract: The earnings of African–American males have increased over the past 50 years, but differences remain in their economic progress relative to either white or Asian Americans. Labor market disadvantages in the past were the result of overt discrimination; however, the earnings gap experienced over the last four decades has been linked to human capital differences. It is hypothesized that military service provides a buffer for adverse labor market characteristics for young African–American males and this paper discusses the returns from military service as reflected in their post–service wages.

Date: 2003
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