Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/193273 
Erscheinungsjahr: 
2018
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 11979
Verlag: 
Institute of Labor Economics (IZA), Bonn
Zusammenfassung: 
Using rich Italian data for the period 2006-2014, we document sizeable gaps between native and immigrant households with respect to wealth holdings and financial decisions. Immigrant household heads hold less net wealth than native, but only above the median of the wealth distribution, with housing as the main driver. Immigrant status reduces the likelihood of holding risky assets, housing, mortgages, businesses, and valuables, while it increases the likelihood of financial fragility. Years since migration, countries of origin, and the pattern of intermarriage also matter. The Great Recession has worsened the condition of immigrants in terms of wealth holdings, home ownership, and financial fragility.
Schlagwörter: 
immigrants
household finance
wealth
financial portfolios
Great Recession
JEL: 
F22
G11
D14
E21
J15
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
445.74 kB





Publikationen in EconStor sind urheberrechtlich geschützt.