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Wealth Distributions of Migrant and Australian-born Households

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  • DENISE DOIRON
  • ROCHELLE GUTTMANN

Abstract

Wealth is an important measure of overall economic well-being and a crucial factor in migrants' ability to integrate into their new country. Using data from the 2002 HILDA survey, this study explores the disparity between the wealth distributions of native-born and foreign-born households in Australia. Using quantile regressions the results reveal that migrants have significantly less wealth than their Australian-born counterparts throughout the wealth distribution. This is despite the greater wealth-generating characteristics of the foreign-born. The wealth differentials are reduced but still negative for the migrant cohorts who have been in Australia for over 25�years. Copyright © 2009 The Economic Society of Australia.

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Bibliographic Info

Article provided by The Economic Society of Australia in its journal Economic Record.

Volume (Year): 85 (2009)
Issue (Month): 268 (03)
Pages: 32-45

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Handle: RePEc:bla:ecorec:v:85:y:2009:i:268:p:32-45

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  1. Thomas K. Bauer & Deborah A. Cobb‐Clark & Vincent A. Hildebrand & Mathias G. Sinning, 2011. "A Comparative Analysis Of The Nativity Wealth Gap," Economic Inquiry, Western Economic Association International, vol. 49(4), pages 989-1007, October.
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  3. Cobb-Clark, Deborah A. & Hildebrand, Vincent, 2003. "The wealth and asset holdings of U.S.-born and foreign-born households: Evidence from SIPP data," IRISS Working Paper Series 2003-07, IRISS at CEPS/INSTEAD.
  4. Cobb-Clark, Deborah A. & Hildebrand, Vincent A., 2008. "The Asset Portfolios of Native-Born and Foreign-Born Households," IZA Discussion Papers 3304, Institute for the Study of Labor (IZA).
  5. Carmen Diana Deere & Cheryl Doss, 2006. "The Gender Asset Gap: What Do We Know And Why Does It Matter?," Feminist Economics, Taylor & Francis Journals, vol. 12(1-2), pages 1-50.
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  7. Lucie Schmidt & Purvi Sevak, 2006. "Gender, Marriage, And Asset Accumulation In The United States," Feminist Economics, Taylor & Francis Journals, vol. 12(1-2), pages 139-166.
  8. John Gibson & Trinh Le & Steven Stillman, 2007. "What explains the wealth gap between immigrants and the New Zealand born?," New Zealand Economic Papers, Taylor & Francis Journals, vol. 41(2), pages 131-162.
  9. Roger Wilkins, 2003. "Immigrant and Native-born Earnings Distributions in Australia: 1982-1996," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 6(1), pages 83-115, March.
  10. Stephane Mahuteau & P.N.(Raja) Junankar, 2004. "Do Migrants get Good Jobs? New Migrant Settlement in Australia," Econometric Society 2004 Australasian Meetings 150, Econometric Society.
  11. Pagan,Adrian & Ullah,Aman, 1999. "Nonparametric Econometrics," Cambridge Books, Cambridge University Press, number 9780521355643, November.
  12. Prem J. Thapa, 2004. "On the risk of unemployment: a comparative assessment of the labour market success of migrants in Australia," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 7(2), pages 199-229, June.
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Cited by:
  1. Mosfequs Salehin & Robert Breunig, 2012. "The immigrant wage gap and assimilation in Australia: the impact of unobserved heterogeneity," CEPR Discussion Papers 661, Centre for Economic Policy Research, Research School of Economics, Australian National University.

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