TY  - RPRT
        AU  - Mahajan, Parag
AU  - Morales, Nicolas
AU  - Shih, Kevin Y.
AU  - Chen, Mingyu
AU  - Brinatti, Agostina
        TI  - The Impact of Immigration on Firms and Workers: Insights from the H-1B Lottery
        PY  - 2024/Apr/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 16917
        UR  - https://www.iza.org/publications/dp16917
        AB  - 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.
        KW  - immigration
KW  - firm dynamics
KW  - productivity
KW  - H-1B visa
KW  - high-skilled migration
        ER  -