An ongoing debate is whether the U.S. should continue its family-based admission system, which favors visas for family members of U.S. citizens and residents, or adopt a more skills-based system, replacing family visas with employment-based visas. In many ways this is a false dichotomy:...

This paper describes the theoretical underpinnings and provides empirical evidence for a model that predicts a positive impact of immigration on entrepreneurial activity. Immigrants, we hypothesize, facilitate innovation and entrepreneurship by being willing and able to invest in new skills. At...

An ongoing debate is whether the U.S. should continue its family-based admission system, which favors visas for family members of U.S. citizens and residents, or adopt a more skills-based system, replacing family visas with employment-based visas. In many ways this is a false dichotomy:...

This paper describes the theoretical underpinnings and provides empirical evidence for a model that predicts a positive impact of immigration on entrepreneurial activity. Immigrants, we hypothesize, facilitate innovation and entrepreneurship by being willing and able to invest in new skills. At...