The Dynamic Retention Model For Air Force Officers

Author : Michael G. Mattock,Jeremy Arkes
Publisher : Rand Corporation
Page : 91 pages
File Size : 45,9 Mb
Release : 2007
Category : Business & Economics
ISBN : 9780833041586

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The Dynamic Retention Model for Air Force Officers by Michael G. Mattock,Jeremy Arkes Pdf

The U.S. Air Force (USAF) needs accurate models to develop retention policies that ensure the force has a sufficient number of experienced officers to meet current and future requirements. The dynamic retention model (DRM) can be used to take into account the effect of the availability of multi-year contracts to certain classes of Air Force officers. Unlike the annualized cost of leaving (ACOL) model long used by researchers working on USAF personnel issues, the DRM takes into account the value an officer may place on future career flexibility in the face of uncertainty, and thus is particularly well suited to examining the effect of bonus programs that have service commitments, such as the Aviator Continuation Pay (ACP) program, which pays an annual bonus to pilots and certain groups of navigators and air battle managers who commit to extend their service for specified numbers of years or to a specified length of service.

Author : Glenn A. Gotz,John Joseph McCall
Publisher : Rand Corporation
Page : 86 pages
File Size : 44,6 Mb
Release : 1984
Category : United States
ISBN : 0833005723

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A Dynamic Retention Model for Air Force Officers by Glenn A. Gotz,John Joseph McCall Pdf

This report describes the theory and methodology for estimating the parameters of a dynamic retention model for Air Force officers. The model was designed to estimate voluntary retention rates under a broad range of compensation, retirement, and personnel policies. It is a decisions model of the decisionmaking process of individuals making stay/leave decisions over time in an uncertain environment, which allows it to predict policy changes that have no historical analogues. The report presents the theory and estimated parameters of the model, compares actual retention rates and those predicted by the model, and two competing models, and examines five illustrative changes in compensation policies. (Author).

Author : Bernard D. Rostker,K. C. Yeh
Publisher : Rand Corporation
Page : 833 pages
File Size : 54,9 Mb
Release : 2006-09-08
Category : Political Science
ISBN : 9780833040688

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I Want You! by Bernard D. Rostker,K. C. Yeh Pdf

As U.S. military forces appear overcommitted and some ponder a possible return to the draft, the timing is ideal for a review of how the American military transformed itself over the past five decades, from a poorly disciplined force of conscripts and draft-motivated "volunteers" to a force of professionals revered throughout the world. Starting in the early 1960s, this account runs through the current war in Iraq, with alternating chapters on the history of the all-volunteer force and the analytic background that supported decisionmaking. The author participated as an analyst and government policymaker in many of the events covered in this book. His insider status and access offer a behind-the-scenes look at decisionmaking within the Pentagon and White House. The book includes a foreword by former Secretary of Defense Melvin R. Laird. The accompanying DVD contains more than 1,700 primary-source documents-government memoranda, Presidential memos and letters, staff papers, and reports-linked directly from citations in the electronic version of the book. This unique technology presents a treasure trove of materials for specialists, researchers, and students of military history, public administration, and government affairs to draw upon.

Author : Glenn A. Gotz,John Joseph McCall
Publisher : Unknown
Page : 56 pages
File Size : 52,8 Mb
Release : 1980
Category : History
ISBN : IND:39000002162563

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Estimating Military Personnel Retention Rates by Glenn A. Gotz,John Joseph McCall Pdf

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.

Author : David A. Wise
Publisher : University of Chicago Press
Page : 368 pages
File Size : 54,6 Mb
Release : 2007-12-01
Category : Social Science
ISBN : 9780226903200

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Advances in the Economics of Aging by David A. Wise Pdf

This volume presents innovative research on issues of importance to the well-being of older persons: labor market behavior, health care, housing and living arrangements, and saving and wealth. Specific topics include the effect of labor market rigidities on the employment of older workers; the effect on retirement of the availability of continuation coverage benefits; and the influence of the prospective payment system (PPS) on rising Medicare costs. Also considered are the effects of health and wealth on living arrangement decisions; the incentive effects of employer-provided pension plans; the degree of substitution between 401(k) plans and other employer-provided retirement saving arrangements; and the extent to which housing wealth determines how much the elderly save and consume. Two final studies use simulations that describe the implications of stylized economic models of behavior among the elderly. This timely volume will be of interest to anyone concerned with the economics of aging.

Author : S. Craig Moore,Marygail K. Brauner
Publisher : Rand Corporation
Page : 57 pages
File Size : 43,7 Mb
Release : 2008-01-23
Category : Business & Economics
ISBN : 9780833044198

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Advancing the U.S. Air Force's Force-Development Initiative by S. Craig Moore,Marygail K. Brauner Pdf

The following steps are recommended for consistent, efficient, and effective plans and means for improving the development of U.S. Air Force officers in their career fields: (1) identify the demand for jobs in the field grades-major, lieutenant colonel, and colonel; (2) ascertain the backgrounds that officers have accumulated (assess the supply); (3) compare supply with demand (gap analysis); and (4) plan ways to close the gaps.

Author : Cindy Williams
Publisher : MIT Press
Page : 380 pages
File Size : 44,7 Mb
Release : 2004-04-02
Category : Political Science
ISBN : 0262265125

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Filling the Ranks by Cindy Williams Pdf

The war in Iraq and the problematic military occupation of that country have called into question the adequacy of America's all-volunteer force. Politicians and others have expressed doubts about its equity and capability; some have called for the reinstatement of the draft. Yet over the past twenty years the all-volunteer military has become a technologically advanced force that has contributed to America's overall military advantage. This book analyzes current military pay and personnel policies and identifies changes needed to maintain and improve America's all-volunteer force. Filling the Ranks argues that to attract qualified and motivated volunteers, the armed forces need to offer better tangible inducements—pay, benefits, and training—to accompany such intangible rewards as pride in serving one's country. Many of the policies related to tangible rewards were established shortly after World War II and are no longer effective. Filling the Ranks presents detailed assessments of US military pay and personnel policies in light of the strategic, demographic, economic, and labor realities of the future. It identifies specific problems that today's military career patterns, training, pay, and benefits pose for officers and enlisted men and women in both active duty and reserve forces, discussing such issues as competition with the private sector for talent, the need to restructure compensation, and provision of family support. It offers recommendations for more flexible, adaptive, and effective policies and a blueprint for achieving them.

Author : United States. Department of Defense
Publisher : Unknown
Page : 1512 pages
File Size : 42,8 Mb
Release : 1984
Category : United States
ISBN : MINN:30000010447492

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Quadrennial Review of Military Compensation by United States. Department of Defense Pdf

Author : Anonim
Publisher : Unknown
Page : 86 pages
File Size : 48,8 Mb
Release : 1986
Category : Housing subsidies
ISBN : UIUC:30112033971695

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Military Housing Allowances by Anonim Pdf

Author : Bernard Rostker,William Michael Hix,Jeremy M. Wilson
Publisher : Rand Corporation
Page : 49 pages
File Size : 46,8 Mb
Release : 2007
Category : Business & Economics
ISBN : 9780833041425

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Recruitment and Retention by Bernard Rostker,William Michael Hix,Jeremy M. Wilson Pdf

Since Hurricane Katrina, resignations from the New Orleans Police Department (NOPD) have increased, and the department went more than a year without recruiting enough candidates to justify a police academy training course. The authors present practical recommendations for change that could help the NOPD improve recruiting and retention. Issues addressed include the lack of affordable post-Katrina housing, the fact that the families of many police officers no longer live in the New Orleans area, the destroyed departmental infrastructure, and a budget that does not provide enough resources to meet basic needs. They focus on compensation, including housing; the promotion process and the career management system; recruiting; the mix of officers and civilians; and ways to improve the morale of the NOPD. The recommendations, which are specifically tailored to the unique circumstances of the NOPD, include (1) using civilian employees, where appropriate, for jobs currently being performed by uniformed officers; (2) developing a proactive recruiting program; (3) offering some of the city's housing stock in-kind to police officers or selling the property and using the proceeds to improve compensation; (4) increasing the frequency of promotion examinations; (5) eliminating the backlog of promotions to higher levels in the department; (6) restructuring compensation to attract recruits and retain serving officers; (7) establishing a first-responders charter school; and (8) rebuilding the police infrastructure to improve morale.

Author : Orley Ashenfelter,David Card
Publisher : Elsevier
Page : 863 pages
File Size : 44,8 Mb
Release : 2010-12-09
Category : Business & Economics
ISBN : 9780444534507

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Handbook of Labor Economics by Orley Ashenfelter,David Card Pdf

A guide to the continually evolving field of labour economics.

Author : David J. Galbreath,John R. Deni
Publisher : Routledge
Page : 398 pages
File Size : 54,6 Mb
Release : 2018-02-12
Category : History
ISBN : 9781317307082

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Routledge Handbook of Defence Studies by David J. Galbreath,John R. Deni Pdf

The Routledge Handbook of Defence Studies provides a comprehensive collection of essays on contemporary defence studies by leading international scholars. Defence studies is a multi-disciplinary study of how agents, predominantly states, prepare for and go to war. Whereas security studies has been broadened and stretched to cover at times the near totality of international and domestic affairs, and war studies has come to mean not just operations and tactics but also experiences and outcomes, defence studies remains a coherent area of study primarily aimed at how defence policy changes over time and in relation to stimulating factors such as alterations in power, strategy and technology. This new Handbook offers a complete landscape of this area of study and contributes to a review of defence studies in terms of policy, security and war, but also looks forward to new challenges to existing conceptions of defence and how this is changing as states and their militaries also change. The volume is divided into four thematic sections: Defence as Policy; Defence Practice; Operations and Tactics; and Contemporary Defence Issues. The ability to review the field while also looking forward to further research is an important element of a sustainable text on defence studies. In as much as this volume is able to highlight the main themes of defence studies, it also offers an in-depth look into how defence issues can be examined and compared in a contemporary setting. This Handbook will be of great interest to students of defence studies, strategic studies, war studies, security studies and IR.

Author : Curtis L Gilroy
Publisher : Routledge
Page : 432 pages
File Size : 41,6 Mb
Release : 2019-03-05
Category : Political Science
ISBN : 9780429689369

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Army Manpower Economics by Curtis L Gilroy Pdf

The U.S. Army Research Institute (ARI) and the Office of the Deputy Chief of Staff for Personnel, U.S. Army, sponsored a Conference on Army Manpower Economics in Williamsburg, Virginia, on December 5-7, 1984. With the military's growing interest in economic research and the usefulness of econometric analyses in addressing military manpower issues, it was appropriate to assemble senior Army policy makers, leading academicians, and other researchers to discuss Army manpower research and policy issues. The collection of articles presented in this volume is a direct outgrowth of that conference.

Author : Michele Belloni
Publisher : CEPS
Page : 26 pages
File Size : 48,9 Mb
Release : 2008
Category : Electronic
ISBN : 9789290797821

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The Option Value Model in the Retirement Literature: The Trade-off Between Computational Complexity and Predictive Validity by Michele Belloni Pdf

Author : Richard L. Fernandez,Glenn A. Gotz,Robert Michael Bell
Publisher : Unknown
Page : 74 pages
File Size : 50,6 Mb
Release : 1985
Category : United States
ISBN : IND:39000000854781

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The Dynamic Retention Model by Richard L. Fernandez,Glenn A. Gotz,Robert Michael Bell Pdf

This note is a nontechnical description of the Dynamic Retention Model (DRM), which facilities analyses of the costs and benefits of proposed changes in the major policies affecting military personnel including the level and structure of military compensation, the major parameters of the personnel system, and the nondisability retirement system. The DRM predicts a retention rate for a group at any particular point that depends both on future prospects and on history (promotions, pay, bonuses, etc.) for the group members. Because it models individual decisionmaking, the model can simulate the effects of policy changes that have no analogues in past policies. The authors demonstrate the flexibility of the model by comparing it with the Annualized Cost of Leaving (ACOL) model.