Arbeitspapier
The Wealth of Mexican Americans
This paper analyzes the sources of disparities in the relative wealth position of Mexican Americans. Results reveal that wealth gaps are in large part not the result of differences in conditional expected wealth functions. Similarly, income differentials are important, but do not play the primary role in explaining the gap in median net worth. As much or more of Mexican Americans? wealth disadvantage is attributable to the fact that these families have more young children and heads who are younger. Furthermore, Mexican Americans? low educational attainment has a direct effect in producing a wealth gap relative to other ethnic groups (even after differences in income are taken into account) though education does not significantly affect the nativity wealth gap. Finally, geographic concentration is generally unimportant, but does contribute to narrowing the wealth gap between wealthy Mexican Americans and their white and black counterparts.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 1150
- Klassifikation
-
Wirtschaft
Demographic Economics: General
Portfolio Choice; Investment Decisions
Geographic Labor Mobility; Immigrant Workers
- Thema
-
wealth
Mexican Americans
Vermögensverteilung
Familiensoziologie
Bildungsniveau
Mexikaner
Vereinigte Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hildebrand, Vincent A.
Cobb-Clark, Deborah A.
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Hildebrand, Vincent A.
- Cobb-Clark, Deborah A.
- Institute for the Study of Labor (IZA)
Entstanden
- 2004
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