This paper provides worldwide projections of population, educational attainment, international migration and income for the 21st century. We develop and parametrize a dynamic, stylized model of the world economy that accounts for the key interdependencies between demographic and economic...

This volume was prepared by Benedikt Heid while he was working at the ifo Institute and the University of Bayreuth. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the Ludwig-Maximilians-Universität München. It includes six self-contained...