Briefing
How Do College-Educated Immigrants Affect US Firms and Workers?
Morales, Nicolas (2024-05-15)
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.
Richmond Fed Economic Brief , Volume 24 , Issue 15