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The Wealth and Asset Holdings of U.S.-Born and Foreign-Born Households: Evidence from the SIPP Data

Cobb-Clark, Deborah; Hildebrand, Vincent


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 2.5 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...[Show more]

CollectionsANU Research Publications
Date published: 2006
Type: Journal article
Source: Review of Income and Wealth
DOI: 10.1111/j.1475-4991.2006.00174.x


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