We analyze the determinants of reading literacy, mathematical skills and science skills of young immigrant children in The Netherlands. We find that these are affected by age at immigration and whether or not one of the parents is native Dutch.

Cressy (2000) argues that the positive correlation between assets and the rate of business startups is due to DARA preferences. We show however that the required property is prudence, and prudence is consistent with DARA, IARA or CARA.