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

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  • John J. Hisnanick

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.

Suggested Citation

  • John J. Hisnanick, 2003. "A Great Place to Start: The Role of Military Service on Human Capital Formation," LABOUR, CEIS, vol. 17(1), pages 25-45, March.
    • Handle: RePEc:bla:labour:v:17:y:2003:i:1:p:25-45
    DOI: 10.1111/1467-9914.00220
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    References listed on IDEAS

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    Cited by:

    1. Kyriakos Emmanouilidis, 2024. "Military Spending and Economic Output: A Decomposition Analysis of the US Military Budget," Defence and Peace Economics, Taylor & Francis Journals, vol. 35(2), pages 243-263, February.
    2. Asali, Muhammad, 2015. "Compulsory Military Service and Future Earnings: Evidence from a Quasi-Experiment," IZA Discussion Papers 8892, Institute of Labor Economics (IZA).

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