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The Economics of ImmigrationMarket-Based Approaches, Social Science, and Public Policy$
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Benjamin Powell

Print publication date: 2015

Print ISBN-13: 9780190258788

Published to Oxford Scholarship Online: September 2015

DOI: 10.1093/acprof:oso/9780190258788.001.0001

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Immigration Reform

Immigration Reform

A Modest Proposal

(p.145) Chapter 6 Immigration Reform
The Economics of Immigration

Richard K. Vedder

Oxford University Press

This chapter proposes reforming immigration policy to increase the number of permits allowed and to use an auction mechanism to allocate the permits–similar to a proposal made by Gary Becker. Potential migrants, their resident family members, nonprofits, or US businesses could bid for the permits. This chapter argues that this would be a more efficient method of allocating permits than the current system or other “points-based” systems.

Keywords:   auction, market mechanism, Gary Becker

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