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

Author

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  • Nicolas Morales

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.

Suggested Citation

  • Nicolas Morales, 2024. "How Do College-Educated Immigrants Affect US Firms and Workers?," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond, vol. 24(15), May.
    • Handle: RePEc:fip:fedreb:98233
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    File URL: https://www.richmondfed.org/publications/research/economic_brief/2024/eb_24-15
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