%0 Report
        %A Doran, Kirk
%A Gelber, Alexander
%A Isen, Adam
        %T The Effects of High-Skilled Immigration Policy on Firms: Evidence from Visa Lotteries
        %D 2022
        %8 2022 Mar
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 15146
        %U https://www.iza.org/publications/dp15146
        %X We compare winning and losing firms in lotteries for H-1B visas, matching administrative data on these lotteries to administrative tax data on U.S. firms and to approved U.S. patents. Winning one additional H-1B visa crowds out about 1.5 other workers at the firm. Additional H-1Bs have insignificant and at most modest effects on firm innovation. More general evidence from the universe of U.S. firms and the universe of H-1B visas using alternative estimation strategies is consistent with these results. Firms that hire H-1Bs grow faster and innovate more because they are different in other ways from firms that do not.
        %K innovation
%K highly skilled workforce
%K immigration
%K employment