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  1. The migrant wealth gap at the household level: evidence from RIF regressions for Austria
    Author: Muckenhuber, Mattias; Rehm, Miriam; Schnetzer, Matthias
    Published: [2021]
    Publisher:  ifso, Institute for Socio-Economics, University of Duisburg-Essen, Duisburg, Germany

    We investigate how previous generations of migrants and their children integrated into Austrian society, as measured by their wealth ownership. Using data from the Household Finance and Consumption Survey (HFCS), we document a positive average... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 699
    Inter-library loan:
    No inter-library loan

     

    We investigate how previous generations of migrants and their children integrated into Austrian society, as measured by their wealth ownership. Using data from the Household Finance and Consumption Survey (HFCS), we document a positive average migrant wealth gap between migrant and native households. However, the raw gap is almost negligible for second generation migrant households, whereas it rises across the unconditional net wealth distribution for first generation migrant households and peaks at more than e140,000 around the 75th percentile. Decomposing the partial effects of a set of covariates using RIF regressions suggests that the lack of inheritances and the presence of children have the highest explanatory power for the migrant wealth gap of first generation migrant household. For second generation migrant households, inheritances have the highest impact, but they contribute negatively towards the explanation of the migrant wealth gap. In general, the covariates in our analysis can explain only a small part of the migrant wealth gap. Given the similarity of native and second generation migrant households, we cannot reject the hypothesis that migrants in the past integrated into Austrian society by acquiring comparable wealth levels.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/237058
    Series: ifso working paper ; no. 15 (2021)
    Subjects: Migration; Wealth Distribution; Wealth Gap; Unconditional Quantile Regression
    Scope: 1 Online-Ressource (circa 25 Seiten), Illustrationen
  2. The concentration of personal wealth in Italy 1995-2016
    Author: Acciari, Paolo; Alvaredo, Facundo; Morelli, Salvatore
    Published: April 2021
    Publisher:  CSEF, Centre for Studies in Economics and Finance, Department of Economics, University of Naples, Naples, Italy

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 660
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / CSEF, Centre for Studies in Economics and Finance ; no. 608
    Subjects: Wealth Inequality; Wealth Distribution; Top Wealth Shares; Distributional National Accounts; Estate Concentration; Inheritance and Gifts; Inheritance Tax
    Scope: 1 Online-Ressource (circa 83 Seiten), Illustrationen