The Economic Impact of the Employment of Foreign-born Graduates in the Auditing Industry

• In Event: Auditors and Auditing

Abstract

Extensive debate exists among policy makers and economists concerning the employment of highly skilled immigrants in the U.S. Particularly, it is unclear how their employment affects U.S. firms and whether immigrants perform complementary tasks in addition to their substitutive role relative to native graduates. Empirical studies examining these questions in a focused setting remain scarce principally because of nonavailability of data. We examine these questions using the audit industry as a setting because of its widely-accepted measures of pricing and quality of outputs. Our study has immigration and education policy implications.

Authors

• Daniel Aobdia, Northwestern University

• Anup Srivastava, Dartmouth College

• Erqiu Wang, Northwestern University