Skilled Immigration, Firms, and Policy
Published: 25 July 2022| Version 1 | DOI: 10.17632/kffcz69k2h.1
We develop a two-sector dynamic general equilibrium model with skilled immigration that focuses on the role of firms. We first analyze trends related to firm demand for foreign skilled labor in the U.S. (using micro records on Labor Condition Applications from 2012 to 2018) and its relationship with firm sales (using Compustat data). Our model is consistent with the data.