%0 Report
        %A Mahajan, Parag
%A Morales, Nicolas
%A Shih, Kevin Y.
%A Chen, Mingyu
%A Brinatti, Agostina
        %T The Impact of Immigration on Firms and Workers: Insights from the H-1B Lottery
        %D 2024
        %8 2024 Apr
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 16917
        %U https://www.iza.org/publications/dp16917
        %X We study how random variation in the availability of highly educated, foreign-born workers impacts firm performance and recruitment behavior. We combine two rich data sources: 1) administrative employer-employee matched data from the US Census Bureau; and 2) firmlevel information on the first large-scale H-1B visa lottery in 2007. Using an event-study approach, we find that lottery wins lead to increases in firm hiring of college-educated, immigrant labor along with increases in scale and survival. These effects are stronger for small, skill-intensive, and high-productivity firms that participate in the lottery. We do not find evidence for displacement of native-born, college-educated workers at the firm level, on net. However, this result masks dynamics among more specific subgroups of incumbents that we further elucidate.
        %K immigration
%K firm dynamics
%K productivity
%K H-1B visa
%K high-skilled migration