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Critics of the H-1B program for high-skilled workers argue that the program restricts immigrant job mobility and lacks a vehicle for adjusting the number of visas during a recession. We study the job mobility of highly-skilled Indian IT guest workers and provide new evidence on their inter-firm...
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Traditional models of the labor market typically assume that wages are set by the market, not the firm. However, over the last 15 years, a growing body of empirical research has provided evidence against this assumption. Recent studies suggest that a monopsonistic model, where individual firms...
Persistent link: https://www.econbiz.de/10011642299
We address the impact of declining migration on the measurement of labor market health. We first document an historically significant decline in the growth rate of the U.S. foreign born population since 2000. A decomposition shows that nearly two-thirds of the decline can be attributed to...
Persistent link: https://www.econbiz.de/10011450231
The explicit costs of raising a child have grown over the past several decades. Less well understood are the implicit costs of having a child, and how they have changed over time. In this paper we use longitudinal administrative data from over 70,000 individuals in the Synthetic SIPP Beta to...
Persistent link: https://www.econbiz.de/10011613112
When jobs offered by different employers are not perfect substitutes in the minds of workers, employers gain wage-setting power; the extent of this power can be captured by the elasticity of labor supply that each employer faces. Estimates of this parameter reported by the literature vary...
Persistent link: https://www.econbiz.de/10011950529
We present estimates of the effect of legal immigration status on earnings of undocumented workers. Our contribution to the literature centers on a two-step procedure that allows us to first estimate the legal status of an immigrant and then estimate the effect of the Immigration Reform and...
Persistent link: https://www.econbiz.de/10009230289
In this paper we explore the impact of imperfectly competitive input markets on production function estimation. First order profit maximizing conditions are altered when frictions in input markets cause the elasticity of input supply to the firm to be finite. A consequence of this is that the...
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