A Note On Congressional Military Pay Setting
To maintain an all-volunteer force, military pay levels must be high enough to attract a sufficient quantity and quality of volunteers. Congress's commitment to maintaining such pay levels has been questioned. In this article we test a model of congressional military pay setting for the all-volunteer period, 1974- 1987 and find that Congress responds to decreases in the percentage of high-quality enlistments by increasing real military pay. Pay is not adjusted to completely offset expected inflation, however.
Year of publication: |
1989
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Authors: | DeBoer, Larry ; Brorsen, B. Wade |
Published in: |
Public Finance Review. - Vol. 17.1989, 1, p. 96-107
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Saved in:
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