| Abstract: | The role of women in the military has grown rapidly. Using standard datasets and a special survey of reservists, female veterans are found to have better earnings endowments than nonveterans. Although female veterans have higher unadjusted earnings than nonveterans, a wage disadvantage is found for white but not nonwhite veterans following control for measured and unmeasured skills. Low returns to military service may result from historically limited military opportunities for women and difficulty in transferring skills to civilian jobs. |
