Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/18551 
Year of Publication: 
2006
Series/Report no.: 
DIW Discussion Papers No. 658
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Abstract: 
The paper investigates the role of social norms as a determinant of individual attitudes by analyzing risk proclivity reported by immigrants and natives in a unique representative German survey. We employ factor analysis to construct measures of immigrants? ethnic persistence and assimilation. The estimated effect of these measures on risk proclivity suggests that adaptation to the attitudes of the majority population closes the immigrant-native gap in risk proclivity, while stronger commitment to the home country preserves it. As risk attitudes are behaviorally relevant, and vary by ethnic origin, our results could also help explain differences in economic assimilation of immigrants.
Subjects: 
Risk attitudes
ethnic persistence
assimilation
second generation effects
gender
JEL: 
J31
J16
J82
F22
D81
D1
J62
J15
Document Type: 
Working Paper

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