I Am No Man Impacts of Military Service For Female Veterans

Abstract

In 2013, Secretary of Defense Leon Panetta removed the ban on women serving in combat roles in the US military. This policy decision effectively opened all positions in the military to women. Decades of scholarship inform us that military service leads to long-term socioeconomic benefits, but this research has focused on male veterans. This earning advantage holds true for all male veterans but is more significant for racial minority groups. As the original equal-pay institution, the military has long been an attractive option for women on their career path, and today female enlistment rates are rising faster than any other group. This study analyzes how military service affects women who elect to serve, across several economic and social variables, and how that has evolved for different cohorts of female service members. Conducting regression analysis on multiple census data sets, we find that women who join the military gain significant long-term socioeconomic benefits in comparison to their civilian counterparts, that military service affects social variables including marriage, and that these effects are stable over time.