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February 16, 2016 Sons of Americans Drafted for the Vietnam War Earn Less 40 Years Later The effects of the Vietnam draft lottery on the labor market persisted into the next generation, according to a study by Sarena Goodman at the Federal Reserve Board and Adam Isen at the Office of Tax Analysis, U.S. Department of the Treasury. They found that sons of draft-eligible fathers earned an average of $268 less in 2013 than sons of fathers who were not eligible for the draft, and were nearly 3.5% more likely to serve in the military between 1999 and 2013. The earnings losses are due to reduced labor force participation and to lower income. This finding underscores the strong role that parental factors play in determining children’s long-term outcomes, the researchers write. Source: Un-Fortunate Sons: Effects of the Vietnam Draft Lottery on the Next Generation's Labor Market

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