The nativity wealth gap in Europe: a matching approach
Irene Ferrari ()
Journal of Population Economics, 2020, vol. 33, issue 1, No 2, 33-77
Abstract This study uses a matching method to provide an estimate of the nativity wealth gap among older households in Europe. This approach does not require imposing any functional form on wealth and avoids validity-out-of-the-support assumptions; furthermore, it allows estimation not only of the mean of the wealth gap but also of its distribution for the common-support sub-population. The results show that on average there is a positive and significant wealth gap between natives and migrants. However, the average gap may be misleading as the distribution of the gap reveals that immigrant households in the upper part of the wealth distribution are better off, and those in the lower part of the wealth distribution are worse off, than comparable native households. A heterogeneity analysis shows the importance of origin, age at migration, and citizenship status in reducing the gap. Indeed, households who migrated within Europe, those who moved at younger ages rather than as adults, and those who are citizens of the destination country display a wealth gap that is consistently smaller over the entire distribution.
Keywords: Migrants; Natives; Wealth; Gap; Propensity score matching (search for similar items in EconPapers)
JEL-codes: D31 E21 J15 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s00148-019-00735-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Working Paper: The Nativity Wealth Gap in Europe: a Matching Approach (2019)
Working Paper: The Nativity Wealth Gap in Europe: a Matching Approach (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:jopoec:v:33:y:2020:i:1:d:10.1007_s00148-019-00735-8
Ordering information: This journal article can be ordered from
http://www.springer. ... tion/journal/148/PS2
Access Statistics for this article
Journal of Population Economics is currently edited by K.F. Zimmermann
More articles in Journal of Population Economics from Springer, European Society for Population Economics Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().