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dc.contributor.authorSinning, Mathiasen_US
dc.date.accessioned2007-10-25en_US
dc.date.accessioned2009-08-06T09:01:56Z-
dc.date.available2009-08-06T09:01:56Z-
dc.date.issued2007en_US
dc.identifier.isbn978-3-86788-026-8en_US
dc.identifier.urihttp://hdl.handle.net/10419/26795-
dc.description.abstractThis paper examines the relative wealth position and the portfolio choices of immigrants in Germany. The empirical findings reveal significant differences in overall wealth and various wealth components between German natives and immigrants. Differences in real estate constitute the major part of different levels of net worth, indicating that disparities in home-ownership rates are responsible for the main part of the overall wealth gap. Moreover, migrants’ degree of portfolio diversification is significantly lower than that of comparable natives. The results of a decomposition analysis suggest that diffrences in wealth and asset holdings may be explained by disparity in educational attainment to a sizable extent, while the effects of income differentials and differences in demographic characteristics are insignificant.en_US
dc.language.isoengen_US
dc.publisherRWI Essenen_US
dc.relation.ispartofseriesRuhr economic papers 30en_US
dc.subject.jelF22en_US
dc.subject.jelD31en_US
dc.subject.ddc330en_US
dc.subject.keywordInternational migrationen_US
dc.subject.keywordwealth accumulationen_US
dc.subject.keyworddecomposition analysisen_US
dc.subject.keywordmultiple imputationen_US
dc.subject.stwMigrantenen_US
dc.subject.stwAusländeren_US
dc.subject.stwVermögensbildungen_US
dc.subject.stwAnlageverhaltenen_US
dc.subject.stwVergleichen_US
dc.subject.stwDeutscheen_US
dc.subject.stwDeutschlanden_US
dc.titleWealth and asset holdings of immigrants in Germanyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn547447965en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Ruhr Economic Papers, RWI
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