Wealth and the nativity earnings gap
Esteban Argudo
Economics Letters, 2024, vol. 241, issue C
Abstract:
I document that differences in wealth between natives and immigrants contribute to the nativity wage gap. The evidence suggests that the non-earnings determinants of wealth, such as institutional barriers that prevent immigrants from accessing financial markets, and idiosyncratic preferences that affect immigrants’ willingness to use financial instruments, play a particularly important role.
Keywords: Immigration; Earnings; Wealth (search for similar items in EconPapers)
JEL-codes: E24 J15 J31 J61 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:241:y:2024:i:c:s0165176524002702
DOI: 10.1016/j.econlet.2024.111786
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