Non-market Leadership Experience and Labor Market Success: Evidence From Military Rank

Myoung-jae Lee and Chun Seng Yip

Labor Economics Working Papers from East Asian Bureau of Economic Research

Abstract: There has been much recent interest in the effects of pre and non-market skills on future labor market outcomes. This paper examines one such effect : the effect on future wages of military leadership experience among "Vietnam generation" American men. We study rank, not just veteran status. We argue that rank is a good measure of pre-market leadership skills because of the clear military hierarchy and the primarily youth experience of Vietnam service. Two sources of selection bias are accounted for : non-random military entry and eventual rank attained. We apply a modified 2-stage parametric sample selection method. The rank premia on future wages are estimated using the parametric selection corrections and a propensity score matching with two indices. We find evidence of a leadership premium, but not a veterans' premium. It is the rank that matters. If one joins the military believing that military service commands a future wage premium, he had better become an NCO or an officer.

Keywords: non-market skills; military; future wages; parametric sample selection (search for similar items in EconPapers)
JEL-codes: J10 J24 (search for similar items in EconPapers)
Date: 2005-01
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.eaber.org/node/22464 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 301 [REDIRECT LOOP] Moved Permanently (http://www.eaber.org/node/22464 [301 Moved Permanently]--> https://www.eaber.org/node/22464 [301 Moved Permanently]--> https://www.eaber.org/node/22464 [301 Moved Permanently]--> https://www.eaber.org/node/22464 [301 Moved Permanently]--> https://www.eaber.org/node/22464 [301 Moved Permanently]--> https://www.eaber.org/node/22464 [301 Moved Permanently]--> https://www.eaber.org/node/22464 [301 Moved Permanently]--> https://www.eaber.org/node/22464)

Related works:
Working Paper: Non-market Leadership Experience and Labor Market Success: Evidence From Military Rank (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eab:laborw:22464

Access Statistics for this paper

More papers in Labor Economics Working Papers from East Asian Bureau of Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Shiro Armstrong ().