Wealth Distributions of Migrant and Australian-born Households

Denise Jeanne Doiron () and Rochelle Guttmann

The Economic Record, 2009, vol. 85, issue 268, pages 32-45

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. Copyright © 2009 The Economic Society of Australia.

Date: 2009

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