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The Wealth of Mexican Americans

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dc.creator Hildebrand, Vincent A.
dc.creator Cobb-Clark, Deborah A.
dc.date 2004
dc.date.accessioned 2013-10-16T07:10:18Z
dc.date.available 2013-10-16T07:10:18Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20387
dc.identifier ppn:387042601
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20387
dc.description 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.
dc.language eng
dc.relation IZA Discussion paper series 1150
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J10
dc.subject G11
dc.subject J61
dc.subject ddc:330
dc.subject wealth
dc.subject Mexican Americans
dc.subject Vermögensverteilung
dc.subject Familiensoziologie
dc.subject Bildungsniveau
dc.subject Mexikaner
dc.subject Vereinigte Staaten
dc.title The Wealth of Mexican Americans
dc.type doc-type:workingPaper

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