CGD in the News

Foreign Coders Get over 25 Percent of America’s Programming Jobs (Vice News)

April 07, 2017

From the article: 

If that is what tech companies are doing, it works. In a 2015 paper, economists estimated that wages of American computer programmers were 2.8 to 3.8 percent lower than they would have been without the presence of visa-holding foreign workers. Furthermore, economists also estimated that the presence of foreign programmers lowered the number of native-born programmers by between 7 to 14 percent. On the other hand, foreign workers help boost GDP, raise overall averages wages, and help the growth of the IT sector as well as the profits of tech companies.

“The economy as a whole wins — and the average worker. But the average does hide some amount of distributional consequences,” said Gaurav Khanna, one of the economists that wrote that paper. “Some people get a thinner slice of that pie.”

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