The report by Giovanni Peri on Rationalizing U.S Immigration policy explains the market-based reforms that ought to be implemented in the immigration system to connect employment-based inflows to the labour market. According to Peri (2010) immigrants raise living standards by boosting demand and increasing productivity thereby improving the economy and the well-being of their families. The reforms intend to use market-based auctions to apportion employment-based permits to employers as well as visas to immigrants that have a high chance to contribute to economic growth and, therefore, improve the economy of the US. The government stands to generate revenue and use it to compensate local communities that work to deliver services to immigrants.
The policy memo by Greenstone and Looney (2010) explores the questions raised about immigration in the US and provides responses and facts from publicly available data as well as academic literature. The memo provides economic facts on the effects of immigration to the US economy. Many people agree that the current US immigration systems is flawed, and this memo addresses concerns about jobs, wages, budgets and the overall US economy in order to enhance public participation in constructive national debate.
The article titled “the economics of reform of immigration reform” by Looney and Greenstone (2013) addresses concerns such as effects of immigration on the wages earned by US born workers. This article combines the issues raised in the previous article “Rationalizing US immigration Policy: Reforms for simplicity, Fairness and Economic growth” by Giovanni peri and the “ten economic facts about immigration” by Looney and Greenstone (2010).
The issues raised in the articles about immigration do address the economic implications of immigration comprehensively. These plans are feasible and promise to improve the well-being of all the people within the United States. However, the successful implementation of economic reforms in immigration policies is hinged on a legal framework that regulates and adequately addresses issues about immigration.
Works Cited
Greenstone Michael & Looney Adam “Ten Economic Facts about Immigration” 2013 Retrieved 29 April 2013 from http://www.hamiltonproject.org/papers/ten_economic_facts_about_immigration/
Greenstone Michael & Looney Adam “The Economics of Immigration Reform” Retrieved 29 April 2013 from http://www.brookings.edu/blogs/up-front/posts/2013/01/29-immigration-greenstone-looney
Peri Giovanni “Rationalizing U.S. Immigration Policy: Reforms for Simplicity, Fairness, and Economic Growth” 2010. Retrieved 29 April 2013 from http://www.hamiltonproject.org/papers/rationalizing_u.s._immigration_policy_reforms_for_simplicity_fairness_/