Kristine M. Brown

The authors develop and estimate a stochastic dynamic programming model to analyze the relationship between compensation, including retirement benefits, and retention over the career of Chicago public school teachers. The structural modeling approach used was first developed at RAND for studying the relationship between military compensation and the retention of military personnel and is called the dynamic retention model (DRM).

There are numerous resources available to Massachusetts veterans and service members, but there are still pockets of unmet need in the areas of education, employment, health care, housing, financial, and legal services--particularly for newer veterans and National Guard/reserve members. A better understanding of these needs can inform investments in initiatives that target these populations and guide efforts to remedy barriers to access.