UKRAINIAN LABOUR MIGRATION AND REMITTANCES IN THE EUROPEAN UNION

The remittances or money transfers set by migrants to the country of origin are considered to be one of the welfare channels with a potential to influence macroeconomics indicators. The aim of our paper is to analyse migration and remittance behaviour of Ukrainian migrants in the context of the EU. Our study is based on the questionnaire survey inspired by similar projects in Latin America and Mexico. The paper's main contribution and value-added is in the detailed analysis of the topic that distinguishes different forms of remittances using the statistical summary of the data. According to our findings, the probability and amount remitted are determined by demographic factors and the direction of effects differs in the case of regular and one-time payments. Altruism and business financing come through as the primary motives to remit. Ukrainian remittances appear to be transferred by informal channels into the productive forms of consumption. A procurement of skilled position is positively influenced by human capital factors but is also reflected in the labour market situation in the destination country.