What explains the wealth gap between immigrants and the New Zealand born?

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dc.contributor.authorGibson, John
dc.contributor.authorLe, Trinh
dc.contributor.authorStillman, Steven
dc.date.accessioned2008-12-14T22:59:05Z
dc.date.available2008-12-14T22:59:05Z
dc.date.issued2007-09
dc.description.abstractImmigrants are typically found to have less wealth and hold it in different forms than the native born. These differences may affect both the economic assimilation of immigrants and overall portfolio allocation when immigrants are a large share of the population, as in New Zealand. In this paper, data from the 2001 Household Savings Survey are used to examine wealth differences between immigrants and the New Zealand-born. Differences in the allocation of portfolios between housing and other forms of wealth are described. Unconditional and conditional wealth quantiles are examined using parametric models. Semi-parametric methods are used to decompose differences in net worth at different parts of the wealth distribution into the part due to differences in characteristics and the part due to differences in the returns to characteristics.en_US
dc.format.mimetypeapplication/pdf
dc.identifier.citationGibson, J., Le, T. & Stillman, S. (2007). What explains the wealth gap between immigrants and the New Zealand born?. (Department of Economics Working Paper Series, Number 2/07). Hamilton, New Zealand: University of Waikato.en_US
dc.identifier.doi10.1080/00779950709558507en_NZ
dc.identifier.urihttps://hdl.handle.net/10289/1623
dc.language.isoen
dc.publisherNew Zealand Association of Economistsen_NZ
dc.relation.isPartOfNew Zealand Economic Papersen_NZ
dc.relation.ispartofseriesDepartment of Economics Working Paper Series
dc.subjectimmigrationen_US
dc.subjectportfoliosen_US
dc.subjectsemiparametric decompositionen_US
dc.subjectwealthen_US
dc.titleWhat explains the wealth gap between immigrants and the New Zealand born?en_US
dc.typeWorking Paperen_US
pubs.begin-page131en_NZ
pubs.elements-id32886
pubs.end-page162en_NZ
pubs.issue2en_NZ
pubs.volume41en_NZ
uow.relation.series2/07
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