Un-Fortunate Sons: Effects of the Vietnam Draft Lottery on the Next Generation’s Labor Market
利用美国联邦税务数据，研究发现被随机抽中参加越南战争的父亲的儿子，其收入更低且更可能自愿参军，表明父辈经历的重大冲击会影响子女的劳动力市场表现。
We examine whether the considerable shock generated by the Vietnam draft lottery affected the next generation’s labor market. Using the universe of US federal tax returns, we link fathers from draft cohorts to their sons’ adult outcomes and find that sons of fathers randomly called by the draft have lower earnings and are more likely to volunteer for military service. Our results demonstrate that malleable aspects of a parent’s life course can influence children’s labor market outcomes and provide sound evidence that policies that only directly alter the circumstances of one generation can have important long-run effects on the next.