This paper investigates whether immigrants adapt to the attitudes of the majority population in the host country by focusing on the effect of ethnic persistence and assimilation on individual risk proclivity. Employing information from a unique representative German survey, we find that...

Recent studies suggest that migrants may be less satisfied with their "new" lives than members of the host population and worry that this may be driven by cultural factors, such as feelings of not belonging. Motivated by this concern, this paper analyses the life satisfaction of immigrants once...