%0 Report %A Pineda-Hernández, Kevin %A Rycx, François %A Senterre, Thomas %A Volral, Mélanie %T Immigrant-Native Wage Gaps over Two Generations: Does the Field of Study Matter? %D 2026 %8 2026 Jun %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 18728 %U https://www.iza.org/index.php/publications/dp18728 %X 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. %K immigrant-native wage gap %K first- and second-generation immigrants %K field of study %K matched employer-employee data