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Substituting Talent with Transactions: Acquisitions as Responses to Immigration Restrictions

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NBER2025-09-01 更新2025-09-20 收录
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https://www.nber.org/papers/w34248
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资源简介:
We examine how firms respond to talent scarcity caused by restrictive immigration policies. We argue that when firms cannot build capabilities internally through hiring, they alter their boundaries by engaging in corporate acquisitions to make up for the foregone talent and capabilities. Using data
提供机构:
美国国家经济研究局
创建时间:
2025-09-01
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