A Comparative Analysis of the Nativity Wealth Gap
Date
Authors
Bauer, Thomas K
Cobb Clark, Deborah A
Hildebrand, Vincent A
Sinning, Mathias
Journal Title
Journal ISSN
Volume Title
Publisher
Canberra, ACT: Centre for Economic Policy Research (CEPR), The Australian National University
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 German 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-nationality 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 immigration
flow.
Description
Keywords
International migration, wealth accumulation
Citation
Source
Type
Working/Technical Paper
Book Title
Entity type
Access Statement
Open Access