登入選單
返回Google圖書搜尋
Estimating Military Personnel Retention Rates
Glenn A. GotzJohn Joseph McCall
其他書名
Theory and Statistical Method
出版Rand, 1980
主題History / Military / United StatesPolitical Science / Public Affairs & Administration
ISBN08330023929780833002396
URLhttp://books.google.com.hk/books?id=A3vsAAAAMAAJ&hl=&source=gbs_api
註釋A Dynamic Econometric Retention Model (DERM) is designed for studying the effects of alternative compensation policies on the retention behavior of Air Force officers, including the Uniformed Services Retirement Modernization Act, the President's Commission on Military Compensation, and the Uniformed Services Retirement Benefits Act. DERM is a model of sequential behavior containing the appropriate econometric method for estimating retention rate. The econometric method is a maximum likelihood procedure endogenously determined by the specification of the behavioral model. It differs from earlier approaches in that it explicitly considers behavioral effects flowing from decomposing the disturbance term into permanent and transitory components. An implication of DERM is that retention rates depend both on prospective future returns to remaining in the military and on past occurrences. If this is correct, then simple regression models should overpredict the retention gains of proposed compensation policies, exactly what happens in two recent reenlistment studies using regression analysis.