@techreport{NBERw13411,
 title = "Long-term consequences of vietnam-era conscription: schooling, experience, and earnings",
 author = "Joshua D. Angrist and Stacey H. Chen",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "13411",
 year = "2007",
 month = "September",
 URL = "http://www.nber.org/papers/w13411",
 abstract = {This paper uses the 2000 Census 1-in-6 sample to look at the long-term impact of Vietnam-era military service.  Instrumental Variables estimates using draft-lottery instruments show post-service earnings losses close to zero in 2000, in contrast with earlier results showing substantial earnings losses for white veterans in the 1970s and 1980s. The estimates also point to a marked increase in schooling that appears to be attributable to the Vietnam-era GI Bill.  The net wage effects observed in the 2000 data can be explained by a flattening of the experience profile in middle age and a modest return to the increased schooling generated by the GI Bill.  Evidence on disability effects is mixed but seems inconsistent with a long-term effect of Vietnam-era military service on health.},
}