TY  - RPRT
        AU  - Doran, Kirk
AU  - Gelber, Alexander
AU  - Isen, Adam
        TI  - The Effects of High-Skilled Immigration Policy on Firms: Evidence from Visa Lotteries
        PY  - 2022/Mar/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 15146
        UR  - https://www.iza.org/publications/dp15146
        AB  - 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.
        KW  - innovation
KW  - highly skilled workforce
KW  - immigration
KW  - employment
        ER  -