Chinese immigrants are a diverse and growing group whose members provide a unique opportunity to examine within-immigrant group differences in adaptation.
Chinese and Indian immigrants to the U.S. have high wealth among immigrants, but there is considerable within-group heterogeneity.
Mexican American face considerable early-life impediments to mobility, and they have not achieved wealth-parity with whites. But despite early roadblocks, Mexican American adults accumulate considerable net worth.
Chinese and Indian immigrants are two of the wealthiest immigrant groups in the U.S. Financial asset ownership explains much of their advantage. Abstract Financial asset ownership is important for a large number of scholarly and practical reasons including for understanding saving propensities, risk taking, personal financial strategies, inequality, the flow of funds across national borders,…