Dr. Treyz Speaks on Immigration Reform at NABE Conference
ARLINGTON, Va.--(BUSINESS WIRE)--Dr. Frederick R. Treyz, CEO and chief economist of Regional Economic Models, Inc. (REMI), described the potential economic effects of immigration reform proposals while speaking at the National Association for Business Economics’ 30th Annual Economic Policy Conference.
“The economic growth is broad based across states and industries, and we see that not only for those who are directly affected by the visas, but also existing American workers have increased employment opportunities and income”
Dr. Treyz joined two leading economists, Jennifer Hunt, chief economist of US Department of Labor, and Douglas Holtz-Eakin, president of American Action Forum and former director of the Congressional Budget Office, in a panel discussion on immigration reform.
“These proposals are about growing the economic pie,” Dr. Treyz said in his opening remarks, carried live on C-SPAN 3.
REMI’s widely cited study, titled “Key Components of Immigration Reform”, analyzed the possible state-by-state economic effects of immigration reform proposals, such as creating a pathway to legal status, expanding high-skilled visas, and reforming lesser-skilled visas. The study shows that proposals boost jobs and income, including for current U.S. workers, Dr. Treyz told the NABE audience.
“The economic growth is broad based across states and industries, and we see that not only for those who are directly affected by the visas, but also existing American workers have increased employment opportunities and income,” he said.
Lynn Reaser, chief economist at Point Loma Nazarene University, moderated the discussion. She introduced the three immigration panelists as “probably the most knowledgeable panel on this subject.”
Other speakers at the conference included former Federal Reserve Chairman Alan Greenspan, Jean-Claude Trichet, former president of the European Central Bank, Alice M. Rivlin, senior fellow at Brookings Institution, and Jason Furman, chairman of the White House’s Council of Economic Advisers.
Established in 1980, Regional Economic Models, Inc. (REMI) is a leading provider of economic analysis and policy forecasting models. REMI’s clients include state and national agencies, regional planning organizations, universities, and other institutions. For more information, visit www.remi.com.