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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.

Suggested Citation

  • Denise Doiron & Rochelle Guttmann, 2009. "Wealth Distributions of Migrant and Australian‐born Households," The Economic Record, The Economic Society of Australia, vol. 85(268), pages 32-45, March.
    • Handle: RePEc:bla:ecorec:v:85:y:2009:i:268:p:32-45
    DOI: 10.1111/j.1475-4932.2008.00527.x
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    Cited by:

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    3. Robert Breunig & Syed Hasan & Mosfequs Salehin, 2013. "The Immigrant Wage Gap and Assimilation in Australia: Does Unobserved Heterogeneity Matter?," The Economic Record, The Economic Society of Australia, vol. 89(287), pages 490-507, December.
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    6. Asadul Islam & Jaai Parasnis & Dietrich Fausten, 2013. "Do Immigrants Save Less than Natives? Immigrant and Native Saving Behaviour in Australia," The Economic Record, The Economic Society of Australia, vol. 89(284), pages 52-71, March.
    7. Whelan, Stephen & Atalay, Kadir & Hayward, Richard Donald, 2018. "Asset portfolio retirement decisions: the role of the tax and transfer system," SocArXiv akj8w, Center for Open Science.
    8. Roger Wilkins, 2021. "Economic Wellbeing," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 54(4), pages 469-481, December.
    9. Ihley, Dorothee & Siebert-Meyerhoff, Andrea, 2016. "The evolution of immigrants' homeownership in Germany," CAWM Discussion Papers 92, University of Münster, Münster Center for Economic Policy (MEP).
    10. Mattias Muckenhuber & Miriam Rehm & Matthias Schnetzer, 2022. "A Tale of Integration? The Migrant Wealth Gap in Austria," European Journal of Population, Springer;European Association for Population Studies, vol. 38(2), pages 163-190, May.

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