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Title:A comparative analysis of the nativity wealth gap PDF Logo
Authors:Bauer, Thomas K.
Cobb-Clark, Deborah A.
Hildebrand, Vincent A.
Sinning, Mathias
Issue Date:2007
Series/Report no.:Ruhr economic papers 6
Abstract:This paper investigates the source of the gap in the relative wealth position of immigrant households residing in Australia, Germany and the United States. Our results indicate that in Germany and the United States wealth differentials are largely the result of disparity in the educational attainment and demographic composition of the native and immigrant populations, while income differentials are relatively unimportant in understanding the nativity wealth gap. In contrast, the relatively small wealth gap between Australian- and foreign- born households exists because immigrants to Australia do not translate their relative educational and demographic advantage into a wealth advantage. On balance, our results point to substantial cross-national disparity in the economic well-being of immigrant and native families, which is largely consistent with domestic labor markets and the selection policies used to shape the nature of the immigration flow.
Subjects:International migration
wealth accumulation
JEL:F22
D31
ISBN:978-3-936454-98-7
Document Type:Working Paper
Appears in Collections:Ruhr Economic Papers, RWI
Publikationen von Forscherinnen und Forschern des RWI

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