Philipp Heimberger
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heimbergecon.bsky.social
Philipp Heimberger
@heimbergecon.bsky.social
Vienna Institute for International Economic Studies (wiiw); macroeconomics, economic policy, public finance, political economy, meta-science.
Academic publishing is a lucrative business for a very small number of private academic publishers. For 🇦🇹, this paper estimates: public spending benefits publishing companies with a large amount - 25% of the annual basic funding universities receive from the Ministry of education
November 20, 2025 at 8:25 AM
Reposted by Philipp Heimberger
National fiscal policy in EU member countries has turned contractionary. Defence spending is rising, with larger cuts elsewhere. Nationally funded investment will fall in 2025–27, and EU recovery funds will cease to cushion the decline after 2027.
November 19, 2025 at 6:48 AM
National fiscal policy in EU member countries has turned contractionary. Defence spending is rising, with larger cuts elsewhere. Nationally funded investment will fall in 2025–27, and EU recovery funds will cease to cushion the decline after 2027.
November 19, 2025 at 6:49 AM
National fiscal policy in EU member countries has turned contractionary. Defence spending is rising, with larger cuts elsewhere. Nationally funded investment will fall in 2025–27, and EU recovery funds will cease to cushion the decline after 2027.
November 19, 2025 at 6:48 AM
Reposted by Philipp Heimberger
November 18, 2025 at 6:48 AM
Reposted by Philipp Heimberger
"academic publishing is dominated by profit-oriented, multinational companies for whom scientific knowledge is a commodity to be sold back to the academic community who created it... The dominant four collectively generated... $12 billion in profits between 2019 and 2024."
November 18, 2025 at 6:48 AM
"academic publishing is dominated by profit-oriented, multinational companies for whom scientific knowledge is a commodity to be sold back to the academic community who created it... The dominant four collectively generated... $12 billion in profits between 2019 and 2024."
November 18, 2025 at 6:48 AM
Reposted by Philipp Heimberger
This paper shows it's important to account for fiscal policy’s impact on productivity: long periods of large primary surpluses can depress investment and growth, making public debt stabilisation harder. Pro-growth fiscal reforms may boost productivity, make debt easier to sustain
November 17, 2025 at 8:56 AM
This paper shows it's important to account for fiscal policy’s impact on productivity: long periods of large primary surpluses can depress investment and growth, making public debt stabilisation harder. Pro-growth fiscal reforms may boost productivity, make debt easier to sustain
November 17, 2025 at 8:56 AM
Reposted by Philipp Heimberger
Germany used to run large trade surpluses in capital goods with China (exports > imports). Since the start of 2025, Germany has been running a trade deficit with China.
November 14, 2025 at 6:00 AM
Germany used to run large trade surpluses in capital goods with China (exports > imports). Since the start of 2025, Germany has been running a trade deficit with China.
November 14, 2025 at 6:00 AM
Reposted by Philipp Heimberger
In this paper, we propose to make potential output estimates in EU fiscal rules policy-responsive in assessing fiscal space via debt sustainability analysis. Allow public investment, R&D expenditure, and labour-supply reforms to affect potential output and fiscal space!
November 13, 2025 at 12:39 PM
In this paper, we propose to make potential output estimates in EU fiscal rules policy-responsive in assessing fiscal space via debt sustainability analysis. Allow public investment, R&D expenditure, and labour-supply reforms to affect potential output and fiscal space!
November 13, 2025 at 12:39 PM
Reposted by Philipp Heimberger
Large language models like ChatGPT make writing much cheaper and easier. This disrupts markets where writing used to signal a person’s ability, e.g. job applications. Customization of applications no longer indicates real ability; employers struggle to find the best workers
November 13, 2025 at 7:03 AM
Large language models like ChatGPT make writing much cheaper and easier. This disrupts markets where writing used to signal a person’s ability, e.g. job applications. Customization of applications no longer indicates real ability; employers struggle to find the best workers
November 13, 2025 at 7:03 AM
Reposted by Philipp Heimberger
New paper on the fatal consequences of job loss using 🇫🇮 administrative data: "For every 100,000 displaced men, there are 1,100 additional deaths. 60% accrue to the displaced worker, 40% are due to excess spousal mortality.. no such dire consequences are observed after a woman’s job loss"
November 12, 2025 at 8:55 AM
New paper on the fatal consequences of job loss using 🇫🇮 administrative data: "For every 100,000 displaced men, there are 1,100 additional deaths. 60% accrue to the displaced worker, 40% are due to excess spousal mortality.. no such dire consequences are observed after a woman’s job loss"
November 12, 2025 at 8:55 AM
Reposted by Philipp Heimberger
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.
November 11, 2025 at 7:20 AM
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.
November 10, 2025 at 7:38 AM
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.
November 8, 2025 at 6:57 AM
Unser Artikel zu den positiven Effekten von öffentlichen Investitionen: Europa braucht mehr Investitionen, um seine Zukunft zu sichern.

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
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...
November 7, 2025 at 8:41 AM