We use new sources of micro-data to estimate the short-run impact that H-1B employment has had on IT wages. Our primary data source describes employers, demographics, and wages for a segment of the US IT workforce. We integrate these data with external datasets describing employers' H-1B...

We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...