Immigration, like any positive labor supply shock, should increase the return to capital and spur business investment … immigrant inflows. Despite this clear prediction, there is sparse empirical evidence on the effect of immigration on business … immigration on business dynamics and employment by combining U.S. data on immigrant inflows from the Current Population Survey …

positive outside it. Job-specific estimates of this kind are useful alongside more generalized evaluations of immigration … because immigration policy often regulates access to specific occupations. …

Immigration, like any positive labor supply shock, should increase the return to capital and spur business investment … immigrant inflows. Despite this clear prediction, there is sparse empirical evidence on the effect of immigration on business … immigration on business dynamics and employment by combining U.S. data on immigrant inflows from the Current Population Survey …