The wealth distributions of migrant and Australian-Born households

Publisher:
Blackwell Publishing Asia
Publication Type:
Journal Article
Citation:
Doiron Denise and Guttmann Rochelle 2009, 'The wealth distributions of migrant and Australian-Born households', Blackwell Publishing Asia, vol. 85, no. 268, pp. 32-45.
Issue Date:
2009
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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.
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