Webinar: The Economics of Migration ( Senior Seminar)

Date & Time:  March 10^th 17h30 (CET)

Speakers: Yvonne Giesing (Ifo Institute) and Nadzeya Laurentsyeva (LMU)

Register here (Zoom)

Topic:  Firms Left Behind: Emigration and Firm Productivity

Abstract:

This paper establishes a causal link between the emigration of skilled workers and firm productivity. We create a new instrument for emigration by exploiting industry-level variation in the European labor mobility regulations from 2004 to 2017. Using a new self-collected industry-level migration dataset and a large administrative firm-level panel, we show that emigration reduces firm productivity in the short term. The negative effect concerns all firms along the initial productivity distribution and is more pronounced when emigrants are positively selected. At the industry level, the effects are attenuated by firms’ entry and exit dynamics. Additional evidence highlights a loss of firm-specific human capital and reduced training due to increased turnover.

Read the paper here.

About the seminar series:
This is a joint initiative of LISER's Crossing Borders research programme, CERDI, PSE,the University of Luxembourg and Universidad Carlos III. Its objective is to propose an opportunity to migration scholars for exchanging under the current exceptional circumstances.
Senior Seminars are held on Wednesdays at 17h30 CET.
Junior Seminars are held on Mondays at 17h30 CET
To learn more and view all Seminars click here