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SUMMARY:Too Constrained to Grow. Analysis of Firms’ Response to the Alle
 viation of Skill Shortage
DTSTART:20200622T170000
DTSTAMP:20260916T194627Z
UID:9b8cb52143d00dceea1decde0d33392035d1bdf9cf4aa229bf8855b5
CATEGORIES:Conferences - Seminars
DESCRIPTION:Sara Signorelli (Paris School of Economics)\nSara Signorelli (
 Paris School of Economics)\n"Too Constrained to Grow. Analysis of Firms’
  Response to the Alleviation of Skill Shortages" (video)\nDiscussant: Kirk
  Doran (University of Notre Dame)\n\nAbstract\nSkill shortages are a growi
 ng concern in the context of rapid technological change. How-ever\, little
  evidence exists on what is the actual cost associated with them and on th
 eeffectiveness of potential solutions. This paper evaluates whether a Fren
 ch policy encourag-ing immigration of skilled workers with highly-demanded
  competencies had a positive effecton the output and productivity of firms
  that were constrained by the lack of native candi-dates. The analysis is 
 based on exhaustive administrative data and relies on a difference-in-diff
 erences approach. Results show that firms operating in the most constraine
 d locallabor markets react to the reform by hiring more workers in tight o
 ccupations. This leadsto growth in their revenues and value added as well 
 as generating some crowding-in of othertypes of employment. The effect is 
 stronger in departments with lower job to job mobility\,suggesting that hi
 gh-skill migration can be an effective tool to relax skill constraints in 
 theless dynamic areas of the country\, where native workers are reluctant 
 to move.\n\nKeywords: Skill Shortages\, Firm Output\, Immigration\, France
 \n\n \nEPFL Virtual Innovation Seminar\nEVIS is a bi-weekly virtual semin
 ar series focusing on Science\, Technology and Innovation topics studied t
 hrough the lens of Economics\, Entrepreneurship\, Strategy and Finance.\n
  
LOCATION:Zoom
STATUS:CONFIRMED
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