published in: Review of Income and Wealth, 2006, 51 (1), 17-42
SIPP data are used to analyze the wealth of the U.S. foreign-born population. We find that
the median wealth level of U.S.-born couples is 2.3 times the median of foreign-born couples,
while the median wealth level of U.S.-born singles is three times that of foreign-born singles.
Further, there is a great deal of diversity in wealth within the immigrant population. Diversity
in net worth manifests itself primarily in source-region differences, while entry-cohort is more
closely related to portfolio choices. Established immigrants hold less and recent immigrants
hold more financial wealth. An opposite pattern emerges with respect to real estate equity.
We use cookies to provide you with an optimal website experience. This includes cookies that are necessary for the operation of the site as well as cookies that are only used for anonymous statistical purposes, for comfort settings or to display personalized content. You can decide for yourself which categories you want to allow. Please note that based on your settings, you may not be able to use all of the site's functions.
Cookie settings
These necessary cookies are required to activate the core functionality of the website. An opt-out from these technologies is not available.
In order to further improve our offer and our website, we collect anonymous data for statistics and analyses. With the help of these cookies we can, for example, determine the number of visitors and the effect of certain pages on our website and optimize our content.