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dc.contributor.authorSinning, Mathiasen
dc.date.accessioned2007-10-25-
dc.date.accessioned2009-08-06T09:01:56Z-
dc.date.available2009-08-06T09:01:56Z-
dc.date.issued2007-
dc.identifier.isbn978-3-86788-026-8en
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
dc.language.isoengen
dc.publisher|aRheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI) |cEssenen
dc.relation.ispartofseries|aRuhr Economic Papers |x30en
dc.subject.jelF22en
dc.subject.jelD31en
dc.subject.ddc330en
dc.subject.keywordInternational migrationen
dc.subject.keywordwealth accumulationen
dc.subject.keyworddecomposition analysisen
dc.subject.keywordmultiple imputationen
dc.subject.stwMigrantenen
dc.subject.stwAusländeren
dc.subject.stwVermögensbildungen
dc.subject.stwAnlageverhaltenen
dc.subject.stwVergleichen
dc.subject.stwDeutscheen
dc.subject.stwDeutschlanden
dc.titleWealth and Asset Holdings of Immigrants in Germany-
dc.typeWorking Paperen
dc.identifier.ppn547447965en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:rwirep:30en

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