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Unemployment among recent veterans during the Great Recession

Author

Listed:
  • R. Jason Faberman
  • Taft Foster

Abstract

The authors find that prolonged deployments overseas account for much of the difference in unemployment rates between recent veterans and nonveterans during the Great Recession.

Suggested Citation

  • R. Jason Faberman & Taft Foster, 2013. "Unemployment among recent veterans during the Great Recession," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 37(Q I), pages 1-13.
    • Handle: RePEc:fip:fedhep:y:2013:i:qi:p:1-13:n:v.37no.1
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    File URL: http://www.chicagofed.org/digital_assets/publications/economic_perspectives/2013/1Q2013_part1_faberman_foster.pdf
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    References listed on IDEAS

    as
    1. Angrist, Joshua & Krueger, Alan B, 1994. "Why Do World War II Veterans Earn More Than Nonveterans?," Journal of Labor Economics, University of Chicago Press, vol. 12(1), pages 74-97, January.
    2. Kahn, Lisa B., 2010. "The long-term labor market consequences of graduating from college in a bad economy," Labour Economics, Elsevier, vol. 17(2), pages 303-316, April.
    3. Matthew S. Goldberg & John T. Warner, 1987. "Military Experience, Civilian Experience, and the Earnings of Veterans," Journal of Human Resources, University of Wisconsin Press, vol. 22(1), pages 61-81.
    4. Robert Shimer, 2012. "Reassessing the Ins and Outs of Unemployment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(2), pages 127-148, April.
    5. Giuseppe Moscarini, 2001. "Excess Worker Reallocation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 68(3), pages 593-612.
    6. Joshua D. Angrist, 1998. "Estimating the Labor Market Impact of Voluntary Military Service Using Social Security Data on Military Applicants," Econometrica, Econometric Society, vol. 66(2), pages 249-288, March.
    7. Beaudry, Paul & DiNardo, John, 1991. "The Effect of Implicit Contracts on the Movement of Wages over the Business Cycle: Evidence from Micro Data," Journal of Political Economy, University of Chicago Press, vol. 99(4), pages 665-688, August.
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    Cited by:

    1. Eunice S. Han & Sarah F. Small, 2024. "Labor Market Experiences of US Veterans During COVID-19: Women’s Relative Advantage," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 50(3), pages 278-306, June.
    2. Ayan, Davut, 2016. "The Impact of Military Service on Post-Service Labor Market Performance of Female Veterans: Evidence from the United States," MPRA Paper 117308, University Library of Munich, Germany, revised 2021.
    3. Mark Borgschulte & Paco Martorell, 2018. "Paying to Avoid Recession: Using Reenlistment to Estimate the Cost of Unemployment," American Economic Journal: Applied Economics, American Economic Association, vol. 10(3), pages 101-127, July.
    4. Joaquín Alfredo-Angel Rubalcaba & David Goes, 2021. "Race and Ethnicity Matter: Heterogeneous Effects of the Post-9/11 GI Bill on Veterans’ College Enrollments," Journal of Economics, Race, and Policy, Springer, vol. 4(1), pages 15-33, March.
    5. Ayan, Davut, 2016. "The Labor Market Impact of the VOW Act on The U.S. Veterans: Evidence from the Current Population Survey," MPRA Paper 117386, University Library of Munich, Germany, revised Jun 2021.

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