Many people emigrating abroad eventually return home. Yet, little is known about the returnees: who are they and how do they compare to those who did not return? How does their decision to return depend on economic situation at home? In this paper, I empirically analyze the propensity of US...

In this paper, I build on Blackmore (2000) to propose a formal theory of demographic transition (fertility decline) and associated growth of the stock of knowledge. The novelty of this theory is to entirely exclude private consumption from the objective function of the decision makers, and to...

In this paper, I propose a theory of demographic transition and associated growth of the stock of knowledge that posits social influence as a key determinant of these phenomena. Individuals are influenced by ideas developed in the previous generation; their goal is to maximize their own social...

I propose a model of learning centered on the idea that acquisition of skill is only possible through personal interaction with an individual already possessing such skill. In this environment, the fact that unskilled individuals learn from skilled individuals increases the income of the latter,...

In this paper, I merge two theories -- theory of "passionate individuals" by Gumilev(1989) and Memetics by Dawkins(1976) - to develop a formal growth theory that states that societies become more developed when their members have more intrinsic motivation to solve problems of social importance...

This paper analyzes international high-skilled migration caused by financial frictions in educational market. I develop a model of learning in which acquisition of skill is only possible through personal interaction with a skilled individual; the income of the skilled is sensitive to financial...

This paper seeks answers to two questions. First, if a greater social activity of an individual enhances oblique (i.e. to non-relatives) transmission of her cultural traits, but reduces their vertical (i.e. to children) transmission as well as family size, which behavior is optimal from cultural...

The paper explains long-term changes in birth, death rates and attitude to personal consumption by changing patterns of cultural transmission. When communities are culturally isolated, they are focused on population growth, resulting in large fertility and welfare transfers to children, limited...

Demographic transition theory is developed highlighting cultural transmission pattern as key driver. Individuals maximize cultural fitness, i.e. rate of own cultural type absorbtion by future generations. With low population density, one's culture can be picked up only by own children, thus...

US-educated Indian engineers played a major role in the establishment of the “Silicon Valley of Asia” in Bangalore. The experience of India and other countries shows that returning well-educated emigrants, despite their small numbers, can make a difference. This paper builds a model of...