An auctions approach to immigration policy / Pia M. Orrenius (Federal Reserve Bank of Dallas and IZA), Madeline Zavodny (University of North Florida and IZA) ; IZA Institute of Labor Economics
VerfasserOrrenius, Pia M. ; Zavodny, Madeline
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : Institute of Labor Economics, February 2020
Elektronische Ressource
Umfang1 Online-Ressource (16 Seiten)
SeriePolicy paper ; no. 151
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
An auctions approach to immigration policy [0.28 mb]
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Immigration reform is once again on Washington's policy agenda. Serious attention is being given to policies that would place more emphasis on merit than on family ties, which are favored by much of the current US immigration system. One way to determine merit is a point-based system. This paper argues that auctioning off visas would be preferable to a point-based system. Auctions would promote economic growth, increase government revenue, and lead to a more efficient allocation of visas while reducing discretionary decision making by government officials. This paper outlines several proposals for how to implement visa auctions that could serve as a starting point for designing a better immigration policy. We recommend replacing the current system of employment-based temporary and permanent visas with an employer-centered auction in order to increase the economic gains from immigration.

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