Amb motiu del tancament d'estiu, la validació de documents es reprendrà a partir del 28 d'agost de 2026. Disculpeu les molèsties.
Con motivo del cierre de verano, la validación de documentos se reanudará a partir del 28 de agosto de 2026. Disculpad las molestias
Due to the summer closure, document validation will resume starting August 28, 2026. We apologize for any inconvenience.

Files

IEB11-17_LinCarl.pdf (1.21 MB)

Document type

Working paper

Publication date

2011

Publication license

cc-by-nc-nd, (c) Lin et al., 2011
Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/116563

Give me your wired and your highly skilled: measuring the impact of immigration policy on employers and shareholders

Journal Title

Authors

Director/Tutor

Journal ISSN

Volume Title

Related resource

Abstract

This paper links finance theory to labor economics in the context of migration and immigration policy. Using event analysis, I measure the impact of immigration policy on the firm profits, in particular the American Competitiveness and Workforce Improvement Act (ACWIA) of 1998 nearly doubled the available number of H‐1B visas for skilled foreign workers in FY 1999. The empirical results show that top H‐1B visa user industries enjoyed significant and positive excess returns with the passage of the Act, while industries with little need for H‐1B visas experienced no significant changes. Several robustness checks support the results.

Subject

Política d'emigració i immigració, Treball qualificat, Dret financer

Subject (English)

Emigration and immigration policy, Skilled labor, Finance law

Citation

Collections

IEB (Institut d’Economia de Barcelona) – Working Papers

Citation

LIN, Carl. Give me your wired and your highly skilled: measuring the impact of immigration policy on employers and shareholders. IEB Working Paper 2011/17. [consulted: 16 of August of 2026]. Available at: https://hdl.handle.net/2445/116563

Export metadata

JSON - METS

Share record