Terrorism and Patriotism: On the Earnings of US Veterans following September 11, 2001

Abstract

Using data from the 2000 census and the 2001-08 American Community Surveys, this paper examines the impact of 9/11 on the earnings of US veteran men. Our hypothesis is that the surge in patriotism after 9/11 improved their relative earnings, but this earnings effect was short-lived. In addition, we further consider whether this effect was equally felt across race/ethnicity and along regional dimensions. Consistent with our hypothesis, we find a significant short-term improvement in the relative earnings of US veteran men following 9/11. However, additional analyses suggest that this earnings effect did not evenly occur across demographic and geographic dimensions.