Full Citation
Title: High-Skill Migration, Multinational Companies, and the Location of Economic Activity
Citation Type: Working Paper
Publication Year: 2023
ISBN:
ISSN:
DOI:
NSFID:
PMCID:
PMID:
Abstract: This paper aims to understand the relationship between high-skill immigration and multinational activity. I assemble a novel firm-level dataset on high-skill visas and show that there is a large home bias effect: foreign multinationals hire more immigrants from their home countries than from other origins. I then build and estimate a quantitative model that relates multinational production with immigration. First, I impose a restrictive immigration policy in the US and evaluate how it affects production and wages. Second, I increase the barriers to multinational production and show that immigration is an important channel to quantify the welfare gains generated by multinationals.
User Submitted?: No
Authors: Morales, Nicolas
Series Title:
Publication Number: 19-20R
Institution: Federal Reserve Bank of Richmond
Pages: 1-75
Publisher Location:
Data Collections: IPUMS USA, IPUMS International
Topics: Labor Force and Occupational Structure, Migration and Immigration
Countries: Canada