This paper studies the impact of skilled immigration policy frictions in the United States on technology … empirical results show that skilled immigration policy frictions directly influence young firm dynamics in technology …-intensive sectors by affecting firm survival. Our general equilibrium model incorporates skilled foreign labor and immigration policy …

Prior literature on the economic impact of immigration has largely ignored changes to the composition of labor demand ….S. local industries. High-productivity establishments are more likely to enter and less likely to exit in high immigration … environments, whereas low-productivity establishments are more likely to exit. These dynamics result in productivity growth. A …