A Note On Congressional Military Pay Setting
Larry DeBoer () and
B Brorsen
Public Finance Review, 1989, vol. 17, issue 1, 96-107
Abstract:
To maintain an all-volunteer force, military pay levels must be high enough to attract a sufficient quantity and quality of volunteers. Congress's commitment to maintaining such pay levels has been questioned. In this article we test a model of congressional military pay setting for the all-volunteer period, 1974- 1987 and find that Congress responds to decreases in the percentage of high-quality enlistments by increasing real military pay. Pay is not adjusted to completely offset expected inflation, however.
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:17:y:1989:i:1:p:96-107
DOI: 10.1177/109114218901700105
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