College-Educated Immigrants Bolster U.S. Productivity
Abstract: The United States is the largest destination in the world for college-educated immigrants, but their path to employment in this country has become increasingly difficult during the past decade, a condition that can hinder productivity growth. This brief discusses the main contributions that college-educated immigrants make to U.S. productivity growth, such as providing scarce skills that supplement and complement those of native workers, contributing disproportionately to innovation and promoting job creation in the United States by foreign-based multinational corporations.
Keywords: Economic Growth and Fiscal Policy;
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Provider: Federal Reserve Bank of Richmond
Part of Series: Richmond Fed Economic Brief
Publication Date: 2021-03