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Asset ownership of recent immigrants: An examination of nativity and socioeconomic factors

Author

Listed:
  • Swarn Chatterjee

    (University of Georgia, Housing & Demographic Research Center, GA, USA.)

  • Jinhee Kim

    (University of Maryland, School of Public Health, MD, USA.)

Abstract

This study uses a nationally representative sample of newly legalized immi-grants to the United States to investigate factors related to their financial and non-financial asset ownership. Our analysis examines the ownership of financial assets, homes, and businesses in association with human capital, acculturation, and other demographic variables. The results indicate that household income and English fluency are significant predictors of financial, housing and business asset ownership. Other demographic, human capital and acculturation factors have varying effects on asset ownership. Understanding these factors of asset ownership can be useful to practitioners, researchers, and policymakers in developing strategies that can help immigrants integrate into the host country’s society.

Suggested Citation

  • Swarn Chatterjee & Jinhee Kim, 2011. "Asset ownership of recent immigrants: An examination of nativity and socioeconomic factors," Migration Letters, Migration Letters, vol. 8(2), pages 141-152, October.
    • Handle: RePEc:mig:journl:v:8:y:2011:i:2:p:141-152
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    Citations

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    Cited by:

    1. Jinhee Kim & Swarn Chatterjee & Soo Cho, 2012. "Asset Ownership of New Asian Immigrants in the United States," Journal of Family and Economic Issues, Springer, vol. 33(2), pages 215-226, June.
    2. Matthew A. Painter & Zhenchao Qian, 2016. "Wealth Inequality Among Immigrants: Consistent Racial/Ethnic Inequality in the United States," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 35(2), pages 147-175, April.

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