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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23387 |
来源ID | Working Paper 23387 |
Firm Dynamics and Immigration: The Case of High-Skilled Immigration | |
Michael E. Waugh | |
发表日期 | 2017-05-08 |
出版年 | 2017 |
语种 | 英语 |
摘要 | This paper shows how the dynamics of the firm yield new insights into the short- and long-run economic outcomes from changes in immigration policy. I quantitatively illustrate these insights by evaluating two policies: an expansion of and the elimination of the H-1B visa program for skilled labor. A change in policy changes firms’ entry and exit decisions as they dynamically respond to changes in market size. The dynamic response of firms amplifies changes in relative wages as labor demand shifts with the distribution of firms. Firms’ responses also lead to the rapid accrual of aggregate gains/losses in output and consumption. The welfare implications of policy changes depend critically on who bears the burden of creating new firms. |
主题 | Other ; General, Teaching ; Microeconomics ; Behavioral Economics ; International Economics ; International Factor Mobility ; Labor Economics ; Unemployment and Immigration |
URL | https://www.nber.org/papers/w23387 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581061 |
推荐引用方式 GB/T 7714 | Michael E. Waugh. Firm Dynamics and Immigration: The Case of High-Skilled Immigration. 2017. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w23387.pdf(308KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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