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In this paper the authors present a strategy to change the U.S. employment-based immigration system to make the system more efficient, increase the economic benefits of immigration and raise revenues by using market-based auctions to allocate visas.
America’s immigration policy no longer serves the needs of our fast-changing global economy. Failure to address immigration reform at the national level has resulted in missed opportunities to spur America’s economic growth and productivity. On May 15, The Hamilton Project held a forum exploring the challenges and opportunities for immigration reform in today’s political and economic climate.
Giovanni Peri of UC Davis proposes a practical set of immigration reforms, starting with market-based changes to employment-based visas to better link visas with the labor market and ending with broad simplification in many areas of policy.