SIMON, CURTIS J.; NEGRUSA, SEBASTIAN; WARNER, JOHN T. - In: Economic Inquiry 48 (2010) 4, pp. 1008-1031
"Montgomery GI Bill (MGIB) educational benefits are a prime recruiting tool in today's all-volunteer military. This paper studies the effects of changes in education benefits using data of the period 1990-2005. Higher benefits lead to higher separation due to both pure incentive effects and by...