@TechReport{iza:izadps:dp674,
            	author={Cobb-Clark, Deborah A. and Hildebrand, Vincent A.},
            	title={The Wealth and Asset Holdings of U.S.- Born and Foreign-Born Households: Evidence from SIPP Data},
            	year={2002},
	month={Dec},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={674},
            	url={https://www.iza.org/index.php/publications/dp674},
	abstract={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 is a great deal of diversity in wealth within the immigrant population. Diversity
in net worth manifests itself primarily in source-region differences, while entry-cohort is more
closely related to portfolio choices. Established immigrants hold less and recent immigrants
hold more financial wealth. An opposite pattern emerges with respect to real estate equity.},
	keywords={immigrants;wealth;asset portfolios},
            }