Remittances in Ukraine Using Household Data

Abstract

This paper analyzes remittances sent by Ukrainian emigrants to their country of origin. It explores the main factors in uencing the probability of obtaining remittances from abroad as well as the amount of remittances. We investigate how theplanned future usage of remittances a ects the likelihood of receiving them. The results of a survey of households in Ukraine were used to investigate the main defining factors for obtaining financial in ows from abroad, in addition to exploring the expenditures financed by remittances. Although the results of our analysis show that few factors have a significant in uence on the probability of obtaining remittances and on their size, this topic warrants further investigation. The findings are important for policymakers as the Ukrainian government might design and implement policies that increase the development potential of remittances, while eliminating their negative side effects.