A COMPARATIVE ANALYSIS OF THE NATIVITY WEALTH GAP*
研究了澳大利亚、德国和美国移民家庭与本地家庭的财富差距，发现教育和人口特征差异是主因，但澳大利亚移民的教育优势未转化为财富优势。
We investigate the relative wealth position of immigrant households residing in Australia, Germany, and the United States. In Germany and the United States, wealth differentials stem from differences in the educational attainment and demographic characteristics of the native and immigrant populations, rather than income differentials. In contrast, the small nativity wealth gap in Australia exists because immigrants to Australia do not translate their relative educational and demographic advantage into a wealth advantage. Overall, we find substantial disparity in the economic well‐being of immigrant and native families which is largely consistent with domestic labor markets and immigration policies.