Background and Theory Behind the Compensation, Accessions, by John A. Ausink

By John A. Ausink

The Excel-based reimbursement, Accessions, and body of workers administration version software program package deal allows analysts to review the aptitude results of group of workers coverage swap on destiny enlisted inventories within the army prone.

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The output of this routine is a set of inventories by grade, sex, race, mental category, YOS, and projection year. 1 is a sample graphical display of projected inventories by YOS over a four-year period. Costs When the inventory is known, it is fairly simple to calculate a variety of costs associated with the size and composition of the force. CAPM produces output on the amount of regular military compensation paid, retirement liability for those who are assumed to retire, and retirement accrual.

2 shows the changes that the ACOL 2 model predicts will be induced in the second period given an ACOL change in the first period—changes that the Delta method cannot pick up. For example, for initial continuation rates of 61–80 2See Carnahan, Luther, and Wilkes (1969). The Z values are roots at which the function g(Z) is j evaluated, and the wj values are the weights attached to the function’s value at those roots. 35 percent, a policy that causes a $40,000 decrease in ACOL value in the first period induces an increase in retention of about 8 percentage points in the second period.

1151–1180. , Microeconomic Analysis, 2nd Edition, New York: W. W. Norton & Company, 1984. , Alternative Military Retirement Systems: Their Effects on Enlisted Retention, Alexandria, VA: Center for Naval Analyses, September 1979. , and Beth J. , Handbook of Defense Economics, Volume I, New York: Elsevier, 1995. , “Public Policy Uses of Discrete-Choice Dynamic Programming Models,” The American Economic Review, Vol. 86, No. 2, Papers and Proceedings of the Hundredth and Eighth Annual Meeting of the American Economic Association, San Francisco, January 5–7, 1996 (May 1996), pp.

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