How Do College-Educated Immigrants Affect US Firms and Workers?

Nicolas Morales

Richmond Fed Economic Brief, 2024, vol. 24, issue 15

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 (search for similar items in EconPapers)
Date: 2024
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