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heimbergecon.bsky.social
Philipp Heimberger
@heimbergecon.bsky.social
2.7K followers 120 following 690 posts

Vienna Institute for International Economic Studies (wiiw); macroeconomics, economic policy, public finance, political economy, meta-science.

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Economics 86%
Political science 11%
Posts Replies Media Videos

Reposted by Achim Truger, Philipp Heimberger, Miriam Rehm

bauermann-tom.bsky.social
Tom Bauermann @bauermann-tom.bsky.social · 2d
📅 Deadline approaching: Call for Applications 📢

We are organizing the 10th Summer School "Keynesian Macroeconomics and European Economic Policies".

From 24th - 29th August 2026 in Berlin
Deadline for applications: 28th February 2026

Website and application:
www.imk-boeckler.de/de/aktuelle-...
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heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 2d
Link to the paper in "Swiss Journal of Economics and Statistics": link.springer.com/article/10.1...
Wage-price pass-through in Switzerland - Swiss Journal of Economics and Statistics
We analyse the historical relationship between consumer prices and wages in Switzerland. Our results show that, between 1980 and 2019, the pass-through from prices to wages was substantial. At the sam...
link.springer.com

Reposted by Mark Rice, Matthias Schnetzer

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 2d
Do wages drive inflation, or does inflation drive wages? A new paper for Switzerland finds inflation strongly influences wage growth, but wages have only a weak effect on prices. Inflation is driven more by imports, expectations, and economic slack than by wage pressures.

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 3d
osf.io/preprints/so...
OSF
osf.io

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 3d
New paper shows social scientists are sidelining null results. Analysing 100,000 articles across 150 political science journals, it finds 2% of abstracts report null-only findings; >90% highlight significant results.
Researchers 10–100x less likely to spotlight nulls: driver of publication bias.

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 4d
Link zum Policy-Brief: dezernatzukunft.org/zinserhoehun...

Link zur Studie: osf.io/preprints/os...
Zinserhöhungen wirken weniger als erwartet - Dezernat Zukunft
Konventionelle Geldpolitik ist weniger effektiv, als der Durchschnitt bisheriger Schätzungen suggeriert.
dezernatzukunft.org

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 4d
In einem neuen Artikel zeigen wir, dass Zinserhöhungen bei der Inflationsbekämpfung weniger wirksam sind als gemeinhin angenommen. Es braucht realistische Erwartungen und breiteren Mix an Instrumenten (Fiskal-, Industrie-, Wettbewerbspolitik), um Preisstabilität zu geringen Kosten zu gewährleisten.

Reposted by Philipp Heimberger

dezernatzukunft.bsky.social
Dezernat Zukunft @dezernatzukunft.bsky.social · 4d
Wir haben jetzt die deutsche Übersetzung eines Artikels aus 2025 von Matthias Enzinger, @sgechert.bsky.social @heimbergecon.bsky.social , Franz Prante & Daniel Fernandez Romero veröffentlicht.

Hier könnt ihr ihn lesen 👇

dezernatzukunft.org/zinserhoehun...
Zinserhöhungen wirken weniger als erwartet - Dezernat Zukunft
Konventionelle Geldpolitik ist weniger effektiv, als der Durchschnitt bisheriger Schätzungen suggeriert.
dezernatzukunft.org

Reposted by Philipp Heimberger

dezernatzukunft.bsky.social
Dezernat Zukunft @dezernatzukunft.bsky.social · 4d
📈Zinserhöhungen wirken weniger als erwartet.

Eine Meta-Studie wertet über 400 Studien zur Geldpolitik aus und korrigiert systematische Verzerrungen in der Forschung.

Das Ergebnis: Die dämpfenden Effekte auf Inflation und Wachstum wurden überschätzt.

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heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 5d
Source: www.ft.com/content/f7d3...
Japan LLC has been trading its way out of a fiscal hole
Long stocks, short yen, chillax
www.ft.com

Reposted by Iikka Korhonen

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 5d
Once all assets are counted (stocks, foreign holdings), Japan’s net public-sector liabilities are ~65% of GDP - and have halved since 2020. Cheap domestic funding+leveraged risk assets has earned 6% of GDP per year above costs. Japan as a misunderstood balance sheet...

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 9d
Source (Destatis): www.destatis.de/EN/Themes/Ec...
Index of new orders in manufacturing
www.destatis.de

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 9d
German manufacturing shows clear signs of a turnaround as new orders surge. This is good news for Germany and for other countries at the heart of Europe’s industrial core.

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 10d
Source: www.politico.com/news/2026/01...
‘Fundamental reset’: Scott Bessent has a plan to free the nation’s banks
The speed of the deregulation is sparking concern that the Treasury secretary is putting Wall Street’s interests ahead of the stability of the financial system.
www.politico.com

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 10d
What could possibly go wrong with the U.S. administration’s drive toward financial deregulation? History suggests it is precisely here that the political roots of future financial disasters - at enormous public cost - are laid.

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 10d
Source: www.aeaweb.org/articles?id=...

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 10d
This is an interesting new paper on the likelihood of persistently low global fertility in the "Journal of Economic Perspectives".

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 11d
Source: academic.oup.com/ser/article/...
The gender (tax) gap in parental transfers. Evidence from administrative inheritance and gift tax data
Abstract. This study examines how inheritance and gift taxation, in combination with gendered parental transfer behavior, exacerbate gender wealth inequali
academic.oup.com

Reposted by Katja Rietzler

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 11d
This paper shows that women get fewer and smaller parental transfers, and different assets. Tax breaks favor business assets (more often inherited by men); men pay lower effective tax rates. Resulting gender tax gap (2% inheritances, 22% gifts) reinforces 🇩🇪wealth inequality

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 12d
Danke, Markus.

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 12d
Source: ideas.repec.org/top/top.euro...

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 12d
I am fortunate to be ranked in the top 1.5% of researchers in Europe in the RePEc rankings, based on publications and citations from the past 10 years. Looking back, I wouldn’t have expected my research focus on fiscal policy to make this possible.

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 17d
Source: www.eurofound.europa.eu/en/publicati...
A picture of wealth inequality across EU Member States | Eurofound
Wealth inequality across EU Member States has important implications for access to education, healthcare and housing, as well as for people’s ability to actively participate in society.
www.eurofound.europa.eu

Reposted by Samuel Bentolila, Prokla Redaktion

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 17d
According to ECB data, Germany has the highest wealth inequality of all EU countries. The top 10% own 67% of total wealth, while the bottom half own 1.3%. The countries ranking next in wealth inequality are Spain, Ireland, Estonia, France, and Austria.

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 19d
Paper in the "Journal of the European Economic Association": academic.oup.com/jeea/advance...

Free-access version: eml.berkeley.edu/~ygorodni/Sc...
Schumpeter Lecture 2025: The New Causal Macroeconomics of Surveys and Experiments
Abstract. We discuss how randomized control trials (RCTs) can be used to study the causal effects of expectations on the decisions of households, firms, an
academic.oup.com

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 19d
Interesting paper on the new causal macroeconomics: researchers randomly give different people different pieces of economic information to shift their expectations, then track how those treatments affect behavior (e.g. household spending, firms’ pricing, hiring, and investment).

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 20d
Source: www.nber.org/papers/w34629

heimbergecon.bsky.social
Philipp Heimberger @heimbergecon.bsky.social · 20d
This paper raises critical questions about (over)using public-debt-to-GDP as a measure of debt sustainability. Debt/GDP is at historic highs, but interest/GDP and debt/equity show flat or falling patterns. Better theory, smarter metrics and less focus on debt/GDP needed.