Chapter

Pensions and Labor Force Participation of Civil War Veterans

Edited by Tayatat Kanjanapipatkul

in Health and Labor Force Participation over the Life Cycle

Published by University of Chicago Press

Published in print August 2003 | ISBN: 9780226116181
Published online February 2013 | e-ISBN: 9780226116198 | DOI: http://dx.doi.org/10.7208/chicago/9780226116198.003.0009
Pensions and Labor Force Participation of Civil War Veterans

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This chapter, which uses Civil War pension data to identify the effect of pension income on the labor force participation of veterans, is organized as follows. Section 9.2 discusses the estimation of the treatment effect by comparing the participation rates of Confederate and Union veterans. Section 9.3 attempts to identify the effect of pensions by using the variation in pension income among Union veterans to predict their participation status. Section 9.4 provides concluding remarks. It is shown that pension laws created systematic differences in the characteristics of pensioners and nonpensioners through eligibility requirements. Variations in pension income among the Union veterans also explain the differences in their participation rates by as much as 15 percent.

Keywords: Civil War pension data; pension income; labor force participation

Chapter.  9274 words.  Illustrated.

Subjects: Economic History

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