%0 Report %A DeVoretz, Don J. %A Vadean, Florin %T A Model of Foreign-Born Transfers: Evidence from Canadian Micro Data %D 2005 %8 2005 Aug %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 1714 %U https://www.iza.org/publications/dp1714 %X 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. %K immigration %K remittances