Foreign Students in College and the Supply of STEM Graduates
利用美国一所大学的行政数据，研究发现外国同学会挤占本国学生获得STEM学位和职业的机会，但被挤出的学生转向高收入社科专业，预期收入未受损。
Do foreign students affect the likelihood that domestic students obtain a STEM degree and occupation? Using administrative student records from a US university, we exploit idiosyncratic variation in the share of foreign classmates in introductory math classes and find that foreign classmates displace domestic students from STEM majors and occupations. However, displaced students gravitate toward high-earning social science majors, so their expected earnings are not penalized. We explore several mechanisms. Results indicate that displacement is concentrated in classes where foreign classmates possess weak English language ability, suggesting that diminished in-class communication and social interactions might play an important role.