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http://hdl.handle.net/10419/33274
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| Title: | | A model of foreign-born transfers: evidence from Canadian micro data  |
| Authors: | | DeVoretz, Don J. Vadean, Florin P. |
| Issue Date: | | 2005 |
| Series/Report no.: | | IZA Discussion Papers 1714 |
| Abstract: | | This paper models financial transfers outside the household for both the Canadian-born and foreign-born Canadian populations in a traditional expenditure framework. Using survey data we estimate transfer functions as part of a larger expenditure system and calculate Engel elasticities for remittances by both the Canadian and foreign-born populations. We conclude that transfers outside the household are a normal good for recent Asian immigrants and a luxury good for all other immigrants and Canadians. Immigrant transfers upon arrival are greater than Canadian-born transfers indicating a strong entry effect. Assimilation or convergence to the Canadian-born norm over time is however very slow. We also find evidence of negative foreign-born transfers as sending country households remit to Canadian immigrant households. Finally, all foreign-born groups generally consider remittances to charitable organizations a greater necessity than inter-household transfers. |
| Subjects: | | immigration remittances |
| JEL: | | J63 O15 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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