Arbeitspapier

Wages and the Great War: Evidence from the largest draft lottery in history

Do veterans earn less? During WW I, the US organized "the greatest human lottery in history": a random draft of 24 million men. Ultimately, 2.8 million Americans were selected to join the armed forces. We sample 10% of registrants of the 1917 lottery and match these men with the 1930 and 1940 US Federal Censuses. Low lottery numbers significantly increased the likelihood of serving in World War I. Importantly, military service also had a positive causal effect on earnings and occupational outcomes. Veterans joined professions with higher cognitive skill requirements, including higher intelligence, language, reasoning, and math requirements. Randomly-assigned military service had fundamentally different effects during World War I than in Vietnam. We rationalize this finding by analyzing complier characteristics.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 441

Klassifikation
Wirtschaft
Economic History: Government, War, Law, International Relations, and Regulation: U.S.; Canada: 1913-
Public Sector Labor Markets
Higher Education; Research Institutions
Human Capital; Skills; Occupational Choice; Labor Productivity
Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: U.S.; Canada: 1913-
Thema
Veterans' income
lottery
effect of war participation

Ereignis
Geistige Schöpfung
(wer)
Caprettini, Bruno
Voth, Hans-Joachim
Ereignis
Veröffentlichung
(wer)
University of Zurich, Department of Economics
(wo)
Zurich
(wann)
2023

DOI
doi:10.5167/uzh-239553
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Caprettini, Bruno
  • Voth, Hans-Joachim
  • University of Zurich, Department of Economics

Entstanden

  • 2023

Ähnliche Objekte (12)