A COMPARATIVE ANALYSIS OF THE NATIVITY WEALTH GAP* |
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| Authors: | THOMAS K BAUER DEBORAH A COBB‐CLARK VINCENT A HILDEBRAND MATHIAS G SINNING |
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| Institution: | 1. Bauer: Professor, Rheinisch‐Westf?lisches Institut für Wirtschaftsforschung (RWI) Essen, Hohenzollernstr. 1‐3, 45128 Essen, Germany. Phone 49‐201‐8149264, Fax 49‐201‐8149284, E‐mail bauer@rwi‐essen.de;2. Cobb‐Clark: Professor, Research School of Social Sciences, Australian National University, HC Coombs Building, Canberra ACT 0200, Australia. Phone 61‐2‐6125‐3267, Fax 61‐2‐6125‐0182, E‐mail deborah.cobb‐clark@anu.edu.au;3. Hildebrand: Professor, Glendon College, York University, 2275 Bayview Avenue, Toronto, Ontario, Canada M4N 3M6. Phone 416‐736‐2100, Fax 416‐487‐6852, E‐mail vincent@econ.yorku.ca |
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| 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. (JEL F22, D31) |
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