Ethnic Persistence, Assimilation and Risk Proclivity

Klaus Zimmermann (), Holger Bonin (), Amelie Constant and Konstantinos Tatsiramos

No 6084, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: The paper investigates the role of social norms as a determinant of individual attitudes by analyzing risk proclivity reported by immigrants and natives in a unique representative German survey. We employ factor analysis to construct measures of immigrants? ethnic persistence and assimilation. The estimated effect of these measures on risk proclivity suggests that adaptation to the attitudes of the majority population closes the immigrant-native gap in risk proclivity, while stronger commitment to the home country preserves it. As risk attitudes are behaviorally relevant, and vary by ethnic origin, our results could also help explain differences in economic assimilation of immigrants.

Keywords: Risk attitudes; Ethnic persistence; Assimilation; Second generation effects; Gender (search for similar items in EconPapers)
JEL-codes: D1 D81 F22 J15 J16 J31 J62 J82 (search for similar items in EconPapers)
Date: 2007-02
New Economics Papers: this item is included in nep-upt
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Citations: View citations in EconPapers (5)

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Related works:
Journal Article: Ethnic persistence, assimilation and risk proclivity (2012)
Working Paper: Ethnic Persistence, Assimilation and Risk Proclivity (2006)
Working Paper: Ethnic Persistence, Assimilation and Risk Proclivity (2006)
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