A Model of Reenlistment Behavior: Estimates of the Effects of Army's Selective Reenlistment Bonus on Retention by Occupation
A logit model was applied to estimate the effect of selective reenlistment bonuses (SRBs) on the retention rates of Army Soldiers. The model was estimated separately by occupational group and by first (zone A), second (zone B) and third term (zone C) reenlistment decisions. An annualized cost of lea...
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