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A Comparative Analysis of the Nativity Wealth GapThomas K. BauerRhine-Westphalia Institute for Economic Research (RWI-Essen); University of Bochum - Faculty of Economics; Institute for the Study of Labor (IZA) Deborah Cobb‐Clarkaffiliation not provided to SSRN Vincent A. HildebrandYork University - Department of Economics; CEPS/INSTEAD Mathias SinningAustralian National University; Institute for the Study of Labor (IZA) October 2011 Economic Inquiry, Vol. 49, Issue 4, pp. 989-1007, 2011 Abstract: We investigate the relative wealth position of immigrant households residing in Australia, Germany, and the United States. In Germany and the United States, wealth differentials stem from differences in the educational attainment and demographic characteristics of the native and immigrant populations, rather than income differentials. In contrast, the small nativity wealth gap in Australia exists because immigrants to Australia do not translate their relative educational and demographic advantage into a wealth advantage. Overall, we find substantial disparity in the economic well‐being of immigrant and native families which is largely consistent with domestic labor markets and immigration policies.
Number of Pages in PDF File: 19 JEL Classification: F22, D31 Accepted Paper SeriesDate posted: September 21, 2011Suggested CitationContact Information
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