SIPP data are used to analyze the wealth of the U.S. foreign-born population. We find that the median wealth level of U.S.-born couples is 2.3 times the median of foreign-born couples, while the median wealth level of U.S.-born singles is three times that of foreign-born singles. Further, there...

Using harmonized wealth data and a novel decomposition approach, we show that cohort effects exist in the income profiles of asset and debt portfolios for a sample of European countries, the U.S. and Canada. We find that younger households' participation decisions in assets are more responsive...

This paper analyzes the portfolio allocations of couple-headed, Hispanic families using Survey of Income and Program Participation (SIPP) data. Our results reveal that Hispanic couples as a group are less wealthy than otherwise similar white couples, although there is substantial variation...

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...

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...

This paper analyzes the sources of disparities in the relative wealth position of Mexican Americans. Results reveal that - unlike the racial wealth gap - Mexican Americans' wealth disadvantage is in large part not the result of differences in wealth distributions conditional on the underlying...

In some cases when statistical methods of examination of relations and dependences are applied to distributions which are different than normal the results are questioned. One of the reasons is that in the construction of these methods grounded are just a first initial, second central and a...

In some of the cases when statistical methods of research on inter-relationships and interdependencies are applied to distributions different from the normal, the results can be disputed. One of the reasons is that the construction of these methods is based only on the first moment, the second...

This paper analyzes the portfolio allocations of couple-headed, Hispanic families using Survey of Income and Program Participation (SIPP) data. Our results reveal that Hispanic couples as a group are less wealthy than otherwise similar white couples, although there is substantial variation...