Portfolio Reasons for Homeownership: The Case of Immigrants

This paper uses data from the Legalized Population Survey to study the determinants of U.S. immigrant’s home ownership. The main interest of the paper is on the relationship between house ownership in the U.S. and house ownership abroad. The results show that house ownership of U.S. immigrants is po...

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Autores:
Vargas Silva, Carlos
Tipo de recurso:
Fecha de publicación:
2020
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
spa
OAI Identifier:
oai:repository.eafit.edu.co:10784/15560
Acceso en línea:
http://hdl.handle.net/10784/15560
Palabra clave:
R21
F22
G11
Housing
Migration
Asset Accumulation
Vivienda
Migración
Acumulación de activos.
Rights
License
Copyright (c) 2006 Carlos Vargas Silva
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spelling Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees02/10/20062020-01-31T18:42:49Z02/10/20062020-01-31T18:42:49Z2462-81071657-4253http://hdl.handle.net/10784/15560This paper uses data from the Legalized Population Survey to study the determinants of U.S. immigrant’s home ownership. The main interest of the paper is on the relationship between house ownership in the U.S. and house ownership abroad. The results show that house ownership of U.S. immigrants is positively related to house ownership abroad. The results are especially significant for females and for the ownership of a second house in the U.S. These results seem to imply that migrants balance their portfolios between housing investments in the U.S. (safe assets) and housing investments abroad (risky assets). It is possible that these housing investments abroad can account for some of the low house ownership rates that previous studies have found for U.S. immigrantsapplication/pdfspaUniversidad EAFITEcos de Economía, Vol 10, No 23 (2006)http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/1955/1965http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/1955/1965Copyright (c) 2006 Carlos Vargas SilvaAcceso abiertohttp://purl.org/coar/access_right/c_abf2instname:Universidad EAFITreponame:Repositorio Institucional Universidad EAFITEcos de Economía, Vol 10, No 23 (2006)R21F22G11HousingMigrationAsset AccumulationViviendaMigraciónAcumulación de activos.Portfolio Reasons for Homeownership: The Case of Immigrantsarticleinfo:eu-repo/semantics/articlepublishedVersioninfo:eu-repo/semantics/publishedVersionArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1Vargas Silva, CarlosWestern Michigan University Friedmann Hall KalamazooEcos de Economia: A Latin American journal of applied economics10237386Ecos de EconomíaORIGINALdocument - 2020-03-12T225536.847.pdfdocument - 2020-03-12T225536.847.pdfTexto completo PDFapplication/pdf146828https://repository.eafit.edu.co/bitstreams/b02e49d5-659d-4eb1-95f8-c6e9b89e2d01/download7acb9d5fff5b388181ed2285775c1b59MD51articulo.htmlarticulo.htmlTexto completo HTMLtext/html377https://repository.eafit.edu.co/bitstreams/aa999aee-6fc9-41ff-b24d-0488ac56b876/downloade9c39d2aac66d13218a5ef8776b00358MD53THUMBNAILminaitura-ecos_Mesa de trabajo 1.jpgminaitura-ecos_Mesa de trabajo 1.jpgimage/jpeg251248https://repository.eafit.edu.co/bitstreams/0fd30eb9-e0d2-429c-b2d9-951cd52db82a/download9b15d674b076c1793a0bc25cebb1bcefMD5210784/15560oai:repository.eafit.edu.co:10784/155602020-03-19 10:22:15.841open.accesshttps://repository.eafit.edu.coRepositorio Institucional Universidad EAFITrepositorio@eafit.edu.co
dc.title.eng.fl_str_mv Portfolio Reasons for Homeownership: The Case of Immigrants
title Portfolio Reasons for Homeownership: The Case of Immigrants
spellingShingle Portfolio Reasons for Homeownership: The Case of Immigrants
R21
F22
G11
Housing
Migration
Asset Accumulation
Vivienda
Migración
Acumulación de activos.
title_short Portfolio Reasons for Homeownership: The Case of Immigrants
title_full Portfolio Reasons for Homeownership: The Case of Immigrants
title_fullStr Portfolio Reasons for Homeownership: The Case of Immigrants
title_full_unstemmed Portfolio Reasons for Homeownership: The Case of Immigrants
title_sort Portfolio Reasons for Homeownership: The Case of Immigrants
dc.creator.fl_str_mv Vargas Silva, Carlos
dc.contributor.author.spa.fl_str_mv Vargas Silva, Carlos
dc.contributor.affiliation.spa.fl_str_mv Western Michigan University Friedmann Hall Kalamazoo
dc.subject.none.fl_str_mv R21
F22
G11
topic R21
F22
G11
Housing
Migration
Asset Accumulation
Vivienda
Migración
Acumulación de activos.
dc.subject.keyword.eng.fl_str_mv Housing
Migration
Asset Accumulation
dc.subject.keyword.spa.fl_str_mv Vivienda
Migración
Acumulación de activos.
description This paper uses data from the Legalized Population Survey to study the determinants of U.S. immigrant’s home ownership. The main interest of the paper is on the relationship between house ownership in the U.S. and house ownership abroad. The results show that house ownership of U.S. immigrants is positively related to house ownership abroad. The results are especially significant for females and for the ownership of a second house in the U.S. These results seem to imply that migrants balance their portfolios between housing investments in the U.S. (safe assets) and housing investments abroad (risky assets). It is possible that these housing investments abroad can account for some of the low house ownership rates that previous studies have found for U.S. immigrants
publishDate 2020
dc.date.issued.none.fl_str_mv 02/10/2006
dc.date.available.none.fl_str_mv 2020-01-31T18:42:49Z
dc.date.accessioned.none.fl_str_mv 2020-01-31T18:42:49Z
dc.date.none.fl_str_mv 02/10/2006
dc.type.eng.fl_str_mv article
info:eu-repo/semantics/article
publishedVersion
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status_str publishedVersion
dc.identifier.issn.none.fl_str_mv 2462-8107
1657-4253
dc.identifier.uri.none.fl_str_mv http://hdl.handle.net/10784/15560
identifier_str_mv 2462-8107
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url http://hdl.handle.net/10784/15560
dc.language.iso.none.fl_str_mv spa
language spa
dc.relation.ispartof.none.fl_str_mv Ecos de Economía, Vol 10, No 23 (2006)
dc.relation.isversionof.none.fl_str_mv http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/1955/1965
dc.relation.uri.none.fl_str_mv http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/1955/1965
dc.rights.eng.fl_str_mv Copyright (c) 2006 Carlos Vargas Silva
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.rights.local.spa.fl_str_mv Acceso abierto
rights_invalid_str_mv Copyright (c) 2006 Carlos Vargas Silva
Acceso abierto
http://purl.org/coar/access_right/c_abf2
dc.format.none.fl_str_mv application/pdf
dc.coverage.spatial.eng.fl_str_mv Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees
dc.publisher.spa.fl_str_mv Universidad EAFIT
dc.source.none.fl_str_mv instname:Universidad EAFIT
reponame:Repositorio Institucional Universidad EAFIT
dc.source.spa.fl_str_mv Ecos de Economía, Vol 10, No 23 (2006)
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institution Universidad EAFIT
reponame_str Repositorio Institucional Universidad EAFIT
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