264 research outputs found
Praying or Sinning: Which Shall Be Given Up?
It was a saying of an old author, that either prayer will make a man give over sinning, or sin will make a man give over praying. ... Not a few, it is to be feared, say many prayers in order that they may sin the more. ... Which, then, will you choose, and which will you give up?https://place.asburyseminary.edu/ecommonsatsdigitalresources/1301/thumbnail.jp
What explains the wealth gap between immigrants and the New Zealand born?
Immigrants are typically found to have less wealth and hold it in different forms than
the native born. These differences may affect both the economic assimilation of
immigrants and overall portfolio allocation when immigrants are a large share of the
population, as in New Zealand. In this paper, data from the 2001 Household Savings
Survey are used to examine wealth differences between immigrants and the New
Zealand-born. Differences in the allocation of portfolios between housing and other
forms of wealth are described. Unconditional and conditional wealth quantiles are
examined using parametric models. Semiparametric methods are used to decompose
differences in net worth at different parts of the wealth distribution into the part due
to differences in characteristics and the part due to differences in the returns to
characteristics
What Explains the Wealth Gap Between Immigrants and the New Zealand Born?
Immigrants are typically found to have less wealth and hold it in different forms than the native born. These differences may affect both the economic assimilation of immigrants and overall portfolio allocation when immigrants are a large share of the population, as in New Zealand. In this paper, data from the 2001 Household Savings Survey are used to examine wealth differences between immigrants and the New Zealand-born. Differences in the allocation of portfolios between housing and other forms of wealth are described. Unconditional and conditional wealth quantiles are examined using parametric models. Semiparametric methods are used to decompose differences in net worth at different parts of the wealth distribution into the part due to differences in characteristics and the part due to differences in the returns to characteristics.Immigration, Portfolios, Semiparametric Decomposition, Wealth
What Explains the Wealth Gap Between Immigrants and the New Zealand Born?
Immigrants are typically found to have less wealth and hold it in different forms than the native born. These differences may affect both the economic assimilation of immigrants and overall portfolio allocation when immigrants are a large share of the population, as in New Zealand. In this paper, data from the 2001 Household Savings Survey are used to examine wealth differences between immigrants and the New Zealand-born. Differences in the allocation of portfolios between housing and other forms of wealth are described. Unconditional and conditional wealth quantiles are examined using parametric models. Semiparametric methods are used to decompose differences in net worth at different parts of the wealth distribution into the part due to differences in characteristics and the part due to differences in the returns to characteristics.
Consistent estimation of zero-inflated count models
Applications of zero-inflated count data models have proliferated in health economics. However, zero-inflated Poisson or zero-inflated negative binomial maximum likelihood estimators are not robust to misspecification. This paper proposes Poisson quasi-likelihood estimators as an alternative. These estimators are consistent in the presence of excess zeros without having to specify the full distribution. The advantages of the Poisson quasi-likelihood approach are illustrated in a series of Monte Carlo simulations and in an application to the demand for health services.Excess zeros, Poisson, logit, unobserved heterogeneity, misspecification
Gender Differences in Smoking Behavior
This paper investigates gender differences in smoking behavior using data from the German Socio-economic Panel (SOEP). We develop a Blinder- Oaxaca decomposition method for count data models which allows to isolate the part of the gender differential in the number of cigarettes daily smoked that can be explained by differences in observable characteristics from the part attributable to differences in coefficients. Our results reveal that the major part of the gender smoking differential is attributable to differences in coefficients indicating substantial differences in the smoking behavior between men and women rather than differences in characteristics.Blinder-Oaxaca decomposition, count data models, SOEP, smoking, gender differences
Home-ownership and Economic Performance of Immigrants in Germany
This paper analyzes the home-ownership gap between native and immigrant households in Germany, paying particular attention to the assimilation process of immigrant households.A double cohort approach is applied to investigate the effect of the duration of residence in Germany on the homeownership probability of immigrant households.Moreover, focusing on homeowners, differences in the housing quality between native and immigrant households are being examined.The estimates indicate that immigrant households are less likely to own their primary residence than comparable native households. Since the effect of the duration of residence in Germany on the home-ownership probability turns out to be insignificant, the empirical findings suggest that an assimilation process in home-ownership between native and immigrant households does not take place. Finally, differences in housing quality measures become insignificant after controlling for socioeconomic characteristics and contextual factors of native and immigrant households in an interacted model
Determinants of savings and remittances: empirical evidence from immigrants to Germany
International migration, Savings, Remittances, Double-hurdle model, Decomposition analysis, F22, C34, D12, D91,
Wealth and Asset Holdings of Immigrants in Germany
This paper examines the relative wealth position and the portfolio choices of immigrants in Germany. The empirical findings reveal significant differences in overall wealth and various wealth components between German natives and immigrants. Differences in real estate constitute the major part of different levels of net worth, indicating that disparities in home-ownership rates are responsible for the main part of the overall wealth gap. Moreover, migrants' degree of portfolio diversification is significantly lower than that of comparable natives. The results of a decomposition analysis suggest that differences in wealth and asset holdings may be explained by disparity in educational attainment to a sizable extent, while the effects of income differentials and differences in demographic characteristics are insignificant.International migration, wealth accumulation, decomposition analysis, multiple imputation
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