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Using a novel data set on military retirees--the 1996 Survey of Retired Millitary Personnel --this study finds that military retirees earn substantially lower wages than their civilian peers upon entering the civilian labor market.

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Using a novel data set on military retirees--the 1996 Survey of Retired Millitary Personnel --this study finds that military retirees earn substantially lower wages than their civilian peers upon entering the civilian labor market.
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