Compulsory Military Service and Its Impact on Subsequent Civilian Wages: Evidence From Recent Young Veterans in South Korea

• Main Author: Park, Kihong
• Format: text
• Published: Animo Repository 2022
• Subjects: Compulsory military service; conscription; young veterans; civilian wages; South Korea
• Online Access: https://animorepository.dlsu.edu.ph/apssr/vol22/iss3/2; https://animorepository.dlsu.edu.ph/context/apssr/article/1460/viewcontent/RA_201.pdf
• Institution: De La Salle University

Using the Youth Panel survey spanning the years from 2015 to 2018, this paper attempts to find new evidence on the relationship between veteran status and subsequent civilian wages in the Korean youth labor market. As the estimated returns to conscription obtained from OLS are biased due to the non-...