@TechReport{iza:izadps:dp18728, author={Pineda-Hernández, Kevin and Rycx, François and Senterre, Thomas and Volral, Mélanie}, title={Immigrant-Native Wage Gaps over Two Generations: Does the Field of Study Matter?}, year={2026}, month={Jun}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={18728}, url={https://www.iza.org/index.php/publications/dp18728}, abstract={Although educational attainment is known to moderate immigrant-native wage gaps, the role of the field of study remains largely unexplored. Drawing on detailed data for master's graduates in Belgium (1999-2016), we show that the immigrant-native wage gap narrows over two generations but persists in higher-paying fields (STEM, LEM), while disappearing in lower-paying ones. Wage decompositions reveal a small positive quantity effect (immigrants favour higher-paying fields), outweighed by a negative price effect (as returns to fields are lower for immigrants). This price effect halves across generations. Together, both effects explain 28-37% of the overall pay gap. Sensitivity tests refine these findings.}, keywords={immigrant-native wage gap;first- and second-generation immigrants;field of study;matched employer-employee data}, }