Econometric Estimates of Army Retention: Zones A, B, C, D and Retirement-Eligible, 1990-2004
Final rept. Oct 2005-Dec 2006
HUMAN RESOURCES RESEARCH ORGANIZATION ALEXANDRIA VA
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Efficient allocation of reenlistment bonuses requires the ability to estimate the effect that the bonus will have on reenlistments in an occupational specialty. Previous research, conducted in developing the SRB Management System, estimated the effects of SRB on Zone A, B and C reenlistment decisions made between FY1990 and FY2OOO. In this analysis, we extend the years analyzed to include FY2001 through FY2004. The additional years of data include Operation Enduring Freedom OEF and Operation Iraqi Freedom OIF. We tested the ability of the existing model to predict reenlistment decision-making post-FY2OOO. To improve fit, we generated new econometric estimates by MOS, CMF and Zone using the more recent years of data, and conducted out-of-sample prediction testing to confirm the validity of the updated model.
- Personnel Management and Labor Relations
- Computer Programming and Software
- Information Science