New Estimates of the Effect of Unemployment on Enlisted Retention
Abstract
This paper provides new estimates of the effect of unemployment on enlisted retention. Unemployment is found to have a positive effect upon the reenlistment rate for seven of the nine rating groups studied, and a positive effect upon both the extension rate and the total retention rate for all nine rating groups. However, the payelasticities are three to five times as large as the unemployment elasticities, so that decreases in the unemployment rate may be offset by much smaller percentage increase in military pay. Keywords: Enlistment, Estimates, Logit model, Mathematical models, Personnel retention.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 01, 1985
- Accession Number
- ADA172661
Entities
People
- Matthew S Goldberg
Organizations
- Center for Naval Analyses