Briefing
How Do College-Educated Immigrants Affect US Firms and Workers?
Abstract: We study the impact of hiring a college-educated immigrant through the H-1B lottery on the performance and hiring behavior of U.S. firms. When firms win the H-1B lottery, they expand in terms of employment and revenues. Lottery winners are also more likely to stay active. The firms that benefit the most from immigrant workers are small, high-productivity firms. A majority of existing workers at the firm benefit from being exposed to an H-1B coworker, but there are interesting dynamics across different types of workers that we further elucidate.
Keywords: immigration; H-1B lottery; labor market;
Access Documents
File(s):
File format is text/html
https://www.richmondfed.org/publications/research/economic_brief/2024/eb_24-15
Description: Briefing
Authors
Bibliographic Information
Provider: Federal Reserve Bank of Richmond
Part of Series: Richmond Fed Economic Brief
Publication Date: 2024-05-15
Volume: 24
Issue: 15