Philipp Heimberger
@heimbergecon.bsky.social
Vienna Institute for International Economic Studies (wiiw); macroeconomics, economic policy, public finance, political economy, meta-science.
Economic growth in Germany since reunification has mostly benefited the middle and upper middle class up to the 99th percentile. Income inequality (pre-tax) in 🇩🇪 is similar to the 🇺🇸 and higher than in 🇫🇷. Inequality has increased, but less than previous studies suggest.
November 11, 2025 at 7:20 AM
Economic growth in Germany since reunification has mostly benefited the middle and upper middle class up to the 99th percentile. Income inequality (pre-tax) in 🇩🇪 is similar to the 🇺🇸 and higher than in 🇫🇷. Inequality has increased, but less than previous studies suggest.
Reposted by Philipp Heimberger
Germany's exports to China have declined strongly.
November 10, 2025 at 7:38 AM
Germany's exports to China have declined strongly.
Germany's exports to China have declined strongly.
November 10, 2025 at 7:38 AM
Germany's exports to China have declined strongly.
Reposted by Philipp Heimberger
In the past 20 yrs, China extended >$800 billion in loans to emerging market and developing country economies to finance infrastructure, energy etc. China’s loan portfolio surpassed those of the World Bank, the IMF, and all 22 Paris Club creditor governments combined.
November 8, 2025 at 6:57 AM
In the past 20 yrs, China extended >$800 billion in loans to emerging market and developing country economies to finance infrastructure, energy etc. China’s loan portfolio surpassed those of the World Bank, the IMF, and all 22 Paris Club creditor governments combined.
In the past 20 yrs, China extended >$800 billion in loans to emerging market and developing country economies to finance infrastructure, energy etc. China’s loan portfolio surpassed those of the World Bank, the IMF, and all 22 Paris Club creditor governments combined.
November 8, 2025 at 6:57 AM
In the past 20 yrs, China extended >$800 billion in loans to emerging market and developing country economies to finance infrastructure, energy etc. China’s loan portfolio surpassed those of the World Bank, the IMF, and all 22 Paris Club creditor governments combined.
Unser Artikel zu den positiven Effekten von öffentlichen Investitionen: Europa braucht mehr Investitionen, um seine Zukunft zu sichern.
www.awblog.at/Wirtschaft/O...
www.awblog.at/Wirtschaft/O...
Die positiven Effekte von öffentlichen Investitionen
Österreich und andere EU-Staaten müssen ihre Investitionen in die öffentliche Infrastruktur deutlich erhöhen, um wichtige politische Ziele im Zusammenhang mit Klimawandel und Digitalisierung zu erreic...
www.awblog.at
November 7, 2025 at 8:58 AM
Unser Artikel zu den positiven Effekten von öffentlichen Investitionen: Europa braucht mehr Investitionen, um seine Zukunft zu sichern.
www.awblog.at/Wirtschaft/O...
www.awblog.at/Wirtschaft/O...
Reposted by Philipp Heimberger
🚞Öffentliche Investitionen sind ein Wachstumsmotor.
@heimbergecon.bsky.social und Cara Dabrowski vom @wiiw.ac.at fassen ihre Studie zusammen: www.awblog.at/Wirtschaft/O...
@heimbergecon.bsky.social und Cara Dabrowski vom @wiiw.ac.at fassen ihre Studie zusammen: www.awblog.at/Wirtschaft/O...
November 7, 2025 at 8:41 AM
🚞Öffentliche Investitionen sind ein Wachstumsmotor.
@heimbergecon.bsky.social und Cara Dabrowski vom @wiiw.ac.at fassen ihre Studie zusammen: www.awblog.at/Wirtschaft/O...
@heimbergecon.bsky.social und Cara Dabrowski vom @wiiw.ac.at fassen ihre Studie zusammen: www.awblog.at/Wirtschaft/O...
This new ECB paper serves as a reference guide to ECB models and empirical benchmarks on monetary policy transmission and extensively reports the findings of our recent meta-analysis on the effects of conventional monetary policy on output and prices.
November 7, 2025 at 6:36 AM
This new ECB paper serves as a reference guide to ECB models and empirical benchmarks on monetary policy transmission and extensively reports the findings of our recent meta-analysis on the effects of conventional monetary policy on output and prices.
Reposted by Philipp Heimberger
Die EU-Staaten müssen ihre Investitionen in die öffentliche Infrastruktur deutlich erhöhen. Ein neuer EU-Investitionsfonds könnte dazu beitragen, schreiben @heimbergecon.bsky.social und Cara Dabrowski
Europa braucht mehr Investitionen, um seine Zukunft zu sichern
Die EU-Staaten müssen ihre Investitionen in die öffentliche Infrastruktur deutlich erhöhen. Ein neuer EU-Investitionsfonds könnte dazu beitragen.
www.surplusmagazin.de
November 6, 2025 at 4:24 PM
Die EU-Staaten müssen ihre Investitionen in die öffentliche Infrastruktur deutlich erhöhen. Ein neuer EU-Investitionsfonds könnte dazu beitragen, schreiben @heimbergecon.bsky.social und Cara Dabrowski
Reposted by Philipp Heimberger
Important paper on the role of ideological biases of individual staffers in driving policy decisions taken by international organizations: "we find that individual staffers influence the number, scope, and content of IMF conditions according to their personal ideological biases."
November 6, 2025 at 7:43 AM
Important paper on the role of ideological biases of individual staffers in driving policy decisions taken by international organizations: "we find that individual staffers influence the number, scope, and content of IMF conditions according to their personal ideological biases."
Important paper on the role of ideological biases of individual staffers in driving policy decisions taken by international organizations: "we find that individual staffers influence the number, scope, and content of IMF conditions according to their personal ideological biases."
November 6, 2025 at 7:43 AM
Important paper on the role of ideological biases of individual staffers in driving policy decisions taken by international organizations: "we find that individual staffers influence the number, scope, and content of IMF conditions according to their personal ideological biases."
Reposted by Philipp Heimberger
IMF: "only about half of fiscal consolidations achieve their fiscal targets, including debt reduction. A broad range of econometric methods, based on well-established methods in the empirical literature, confirm that fiscal consolidations do not reduce debt ratios, on average."
November 4, 2025 at 11:53 AM
IMF: "only about half of fiscal consolidations achieve their fiscal targets, including debt reduction. A broad range of econometric methods, based on well-established methods in the empirical literature, confirm that fiscal consolidations do not reduce debt ratios, on average."
Reposted by Philipp Heimberger
This IMF paper finds that during and after the 2022 global inflation surge - largely driven by supply shocks - inflation outcomes in inflation-targeting countries were no better than in non-targeting countries, despite the former implementing more aggressive interest rate hikes.
November 4, 2025 at 7:44 AM
This IMF paper finds that during and after the 2022 global inflation surge - largely driven by supply shocks - inflation outcomes in inflation-targeting countries were no better than in non-targeting countries, despite the former implementing more aggressive interest rate hikes.
IMF: "only about half of fiscal consolidations achieve their fiscal targets, including debt reduction. A broad range of econometric methods, based on well-established methods in the empirical literature, confirm that fiscal consolidations do not reduce debt ratios, on average."
November 4, 2025 at 11:53 AM
IMF: "only about half of fiscal consolidations achieve their fiscal targets, including debt reduction. A broad range of econometric methods, based on well-established methods in the empirical literature, confirm that fiscal consolidations do not reduce debt ratios, on average."
This IMF paper finds that during and after the 2022 global inflation surge - largely driven by supply shocks - inflation outcomes in inflation-targeting countries were no better than in non-targeting countries, despite the former implementing more aggressive interest rate hikes.
November 4, 2025 at 7:44 AM
This IMF paper finds that during and after the 2022 global inflation surge - largely driven by supply shocks - inflation outcomes in inflation-targeting countries were no better than in non-targeting countries, despite the former implementing more aggressive interest rate hikes.
Reposted by Philipp Heimberger
The decline of public property: in recent decades, the public share of total assets has declined. Net public assets (i.e., assets minus liabilities) in major European countries have fallen to just above zero (from 20-30% in 1978), while private assets have risen to >6 times GDP.
November 3, 2025 at 1:46 PM
The decline of public property: in recent decades, the public share of total assets has declined. Net public assets (i.e., assets minus liabilities) in major European countries have fallen to just above zero (from 20-30% in 1978), while private assets have risen to >6 times GDP.
The decline of public property: in recent decades, the public share of total assets has declined. Net public assets (i.e., assets minus liabilities) in major European countries have fallen to just above zero (from 20-30% in 1978), while private assets have risen to >6 times GDP.
November 3, 2025 at 1:46 PM
The decline of public property: in recent decades, the public share of total assets has declined. Net public assets (i.e., assets minus liabilities) in major European countries have fallen to just above zero (from 20-30% in 1978), while private assets have risen to >6 times GDP.
Reposted by Philipp Heimberger
This paper shows: the 2022 energy crisis led to record global profits for fossil fuel companies. The US gained the most, with claims on US$301 billion, exceeding its US$267 billion investment in low-carbon energy. Half of profits went to the top1%, mainly through stock ownership
November 3, 2025 at 6:44 AM
This paper shows: the 2022 energy crisis led to record global profits for fossil fuel companies. The US gained the most, with claims on US$301 billion, exceeding its US$267 billion investment in low-carbon energy. Half of profits went to the top1%, mainly through stock ownership
This paper shows: the 2022 energy crisis led to record global profits for fossil fuel companies. The US gained the most, with claims on US$301 billion, exceeding its US$267 billion investment in low-carbon energy. Half of profits went to the top1%, mainly through stock ownership
November 3, 2025 at 6:44 AM
This paper shows: the 2022 energy crisis led to record global profits for fossil fuel companies. The US gained the most, with claims on US$301 billion, exceeding its US$267 billion investment in low-carbon energy. Half of profits went to the top1%, mainly through stock ownership
Reposted by Philipp Heimberger
Publication bias is greater at the top five journals: "56% of statistically significant results [in leading econ journals] were selected to be statistically significant. Selection bias is greater at top5 journals, where 66% of significant results were selected to be significant."
October 31, 2025 at 6:56 AM
Publication bias is greater at the top five journals: "56% of statistically significant results [in leading econ journals] were selected to be statistically significant. Selection bias is greater at top5 journals, where 66% of significant results were selected to be significant."
Reposted by Philipp Heimberger
Private consumption in Germany has been hammered.
October 31, 2025 at 6:21 AM
Private consumption in Germany has been hammered.
Publication bias is greater at the top five journals: "56% of statistically significant results [in leading econ journals] were selected to be statistically significant. Selection bias is greater at top5 journals, where 66% of significant results were selected to be significant."
October 31, 2025 at 6:56 AM
Publication bias is greater at the top five journals: "56% of statistically significant results [in leading econ journals] were selected to be statistically significant. Selection bias is greater at top5 journals, where 66% of significant results were selected to be significant."
Private consumption in Germany has been hammered.
October 31, 2025 at 6:21 AM
Private consumption in Germany has been hammered.
Reposted by Philipp Heimberger
EU car exports to China are in freefall. For a time, the North American market offered Europe’s carmakers an important offset from the China shock. But this cushion is now vanishing due to US protectionism.
October 30, 2025 at 5:51 AM
EU car exports to China are in freefall. For a time, the North American market offered Europe’s carmakers an important offset from the China shock. But this cushion is now vanishing due to US protectionism.
Reposted by Philipp Heimberger
This paper shows: people in the US and China see trade deficits as a power weakness. Americans who think China will overtake the US view bilateral trade deficits with China especially negatively (this holds for different political orientations and social-demographic backgrounds).
October 30, 2025 at 8:21 AM
This paper shows: people in the US and China see trade deficits as a power weakness. Americans who think China will overtake the US view bilateral trade deficits with China especially negatively (this holds for different political orientations and social-demographic backgrounds).