Wealth Distributions of Migrant and Australian-born Households
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.
Year of publication: |
2009
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Authors: | DOIRON, DENISE ; GUTTMANN, ROCHELLE |
Published in: |
The Economic Record. - Economic Society of Australia - ESA, ISSN 1475-4932. - Vol. 85.2009, 268, p. 32-45
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Publisher: |
Economic Society of Australia - ESA |
Saved in:
freely available
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