Caprettini, Bruno; Voth, Hans-Joachim - 2023
Do veterans earn less? During WW I, the US organized "the greatest human lottery in history": a random draft of 24 million men. Ultimately, 2.8 million Americans were selected to join the armed forces. We sample 10% of registrants of the 1917 lottery and match these men with the 1930 and 1940 US...
