TY - RPRT AU - Akay, Alpaslan AU - Constant, Amelie F. AU - Giulietti, Corrado AU - Guzi, Martin TI - Ethnic Diversity and Well-Being PY - 2016/Feb/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 9726 UR - https://www.iza.org/publications/dp9726 AB - This paper investigates how ethnic diversity, measured by the immigrants' countries of origin, influences the well-being of the host country. Using panel data from Germany for the period 1998 to 2012, we find a positive effect of ethnic diversity on the well-being of German citizens. To corroborate the robustness of our results, we estimate several alternative specifications and investigate possible causality issues, including non-random selection of natives and immigrants into regions. Finally, we explore productivity and social capital as potential mechanisms behind our finding. KW - assimilation KW - multiculturality KW - subjective well-being KW - ethnic diversity ER -