Low-Wage Jobs, Foreign-Born Workers, and Firm Performance
Sprache des Titels:
Englisch
Original Kurzfassung:
We examine how migrant workers impact firm performance using administrative data from
the United States. Exploiting an unexpected change in firms? likelihood of securing lowwage
workers through the H-2B visa program, we find limited crowd-out of other forms of
employment and no impact on average pay at the firm. Yet, access to H-2B workers raises
firms? annual revenues and survival likelihood. Our results are consistent with the notion
that guest worker programs can help address labor shortages without inflicting large losses
on incumbent workers.