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来源类型Working Paper
规范类型报告
DOI10.3386/w23387
来源IDWorking 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
URLhttps://www.nber.org/papers/w23387
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/581061
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Michael E. Waugh. Firm Dynamics and Immigration: The Case of High-Skilled Immigration. 2017.
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