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In 2005, the U.S. Congress legislated that the H-1B visa program create 20,000 annual slots reserved for advanced-degree applicants. Since then, the U.S. Customs and Immigration Service (USCIS) has used visa allocation rules that comply with this legislation. Following a directive in the April...
Persistent link: https://www.econbiz.de/10012479291
The United States' H-1B visa program, which allows private firms to hire highly skilled foreign workers, was so severely over-subscribed in the years since 2014 that H-1B status was distributed by lotteries to a subset of applicants. Using data on H-1B applications and on a range of outcomes for...
Persistent link: https://www.econbiz.de/10012481278
We study the effect of a firm winning an additional H-1B visa on the firm's outcomes, by comparing winning and losing firms in the Fiscal Year 2006 and 2007 H-1B visa lotteries. We match administrative data on the participants in these lotteries to the universe of approved U.S. patents, and to...
Persistent link: https://www.econbiz.de/10012457997
The widespread and growing use of equity-based compensation has transformed high-skilled labor from a pure labor input to a class of "human capitalists." We show that high-skilled labor earns substantial income in the form of equity claims to firms' future dividends and capital gains....
Persistent link: https://www.econbiz.de/10012533364
We evaluate the economic consequences of immigration in a two-country, two-skill, overlapping-generations framework, where immigration, population, human and physical capital formation, and economic growth are endogenous variables. We go beyond extant literature by integrating physical capital...
Persistent link: https://www.econbiz.de/10012482719
This paper studies the human capital responses to a large shock in the returns to education for undocumented youth. We obtain variation in the benefits of schooling from the enactment of the Deferred Action for Childhood Arrivals (DACA) policy in 2012, which provides work authorization and...
Persistent link: https://www.econbiz.de/10012453399
. Using data from West Germany, we find that women have witnessed relative increases in non-routine analytic tasks and non …
Persistent link: https://www.econbiz.de/10012465538
educated (high earning) and low educated (low earning) women, I exploit a major maternity leave benefit reform in Germany that …
Persistent link: https://www.econbiz.de/10012453918
Over the last twenty years the wage-education relationships in the US and Germany have evolved very differently, while … files from the PSID (US) and the GSOEP (Germany), we demonstrate how factor movements within these countries are associated … capital over the 1979-96 period, while Germany accumulated factors in a more balanced manner …
Persistent link: https://www.econbiz.de/10012471064
Greater job creation in the US than in Germany has often been related to greater wage dispersion coupled with less … jobs problem in Germany is one of a general lack in demand for labor …
Persistent link: https://www.econbiz.de/10012471302