A model of foreign-born transfers
Subtitle: evidence from Canadian micro data
By: by Don J. DeVoretz, Florin Vadean.
Contributors: Vadean, Florin.
Series: Discussion paper ;; no. 1714; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;; no. 1714
Publisher: IZA
Published: 2005
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Transfer payments -- Canada.; Asians -- Canada.; Immigrants -- Canada.
Description: "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"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Includes bibliographical references.
Title from PDF file as viewed on 8/16/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.