Accession Number : ADA132718

Title :   Determinants of Navy Reenlistment and Extension Rates

Descriptive Note : Research contribution

Corporate Author : CENTER FOR NAVAL ANALYSES ALEXANDRIA VA NAVAL STUDIES GROUP

Personal Author(s) : Goldberg, Matthew S ; Warner, John T

PDF Url : ADA132718

Report Date : Dec 1982

Pagination or Media Count : 43

Abstract : This paper analyzes the effects of regular military compensation and reenlistment bonuses on the probabilities of reenlistment and extension among first-term and second-term Navy enlisted personnel. We find that the pay elasticities vary substantially across occupational categories. For example, the elasticity of the total probability of staying with respect to regular military compensation ranges between 1.12 and 2.72 for first-term personnel and between 0.94 and 3.78 for second-term personnel. We recommend adopting occupation-specific pay elasticities in forecasting since the all-Navy pay elasticity will yield misleading results.

Descriptors :   *ENLISTED PERSONNEL, *NAVAL PERSONNEL, *PERSONNEL RETENTION, *REENLISTMENT, COMPENSATION, MATHEMATICAL MODELS, METHODOLOGY, MONEY, PREDICTIONS, PROBABILITY, RATES, STATISTICAL PROCESSES, VARIABLES

Subject Categories : Personnel Management and Labor Relations
      Statistics and Probability

Distribution Statement : APPROVED FOR PUBLIC RELEASE