US Permanent Residency, Job Mobility, and Earnings

成果类型:
Article
署名作者:
Wang, Xuening
署名单位:
Renmin University of China
刊物名称:
JOURNAL OF LABOR ECONOMICS
ISSN/ISSBN:
0734-306X
DOI:
10.1086/709689
发表日期:
2021
页码:
639-671
关键词:
摘要:
One concern regarding US immigration policies is that skilled workers on temporary visas may be bound to their employers in indentured servitude, giving rise to monopsony power. I investigate this concern by estimating the effect of acquiring permanent residency on the job mobility and earnings of these workers. Using fixed effects models, I find an immediate upsurge in mobility upon permanent residency receipt, primarily driven by voluntary moving being depressed during the employer-sponsored immigration process. Job lock reduces the earnings of male workers by 4.7%, which translates to a 2% surplus for firms after extra hiring costs are subtracted.
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