Federal ID: 91-6001537
ISSN: 0022-1090 (Print) | 1756-6916 (Online)
Hiring High-Skilled Labor Through Mergers and Acquisitions
Jun Chen, Shenje Hshieh, and Feng Zhang ♦ Using random H-1B visa lotteries as a natural experiment, we find that firms respond to shortages of high-skilled workers by acquiring firms that employ such workers. The effect is stronger among firms with high…