Military reserves and social welfare |
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| Authors: | Jonathan Lipow Jay Simon |
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| Institution: | aDefense Resource Management Institute, Naval Postgraduate School, Monterey, CA, United States |
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| Abstract: | We consider the contribution of reserves to the efficient mobilization of military manpower. Our analysis suggests that offering recruits an option to serve as reservists enhances social welfare if there is a sufficiently strong relationship between recruit performance in the military and their expected civilian income. |
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| Keywords: | JEL classification: H57 J4 |
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