Military reserves and social welfare
We consider the contribution of reserves to the efficient mobilization of military manpower. Our analysis suggests that offering recruits an option to serve as reservists enhances social welfare if there is a sufficiently strong relationship between recruit performance in the military and their expected civilian income.
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- Asch, Beth J. & Hosek, James R. & Warner, John T., 2007. "New Economics of Manpower in the Post-Cold War Era," Handbook of Defense Economics, Elsevier.
- Peter Berck & Jonathan Lipow, 2011. "Military Conscription and the (Socially) Optimal Number of Boots on the Ground," Southern Economic Journal, Southern Economic Association, vol. 78(1), pages 95-106, July.
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