The Park Place Economist


This project will attempt to take a modem snapshot of the ongoing process of immigration and cultural diversification, examine the problem of immigrant adaptation into the American way of life and explore which groups, if any, have an advantage when it comes to integrating into American society. More specifically this paper will address the question of what role cultural factors have in determining the standard of living of immigrants. Section II deals with related research on the topic. Section IIl will lay out the theoretical foundation and propose the hypotheses. Section N explains the empirical model. Section V discusses the results of the model and section VI draws conclusions from the results and makes suggestions for fiuther research.