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Philipp Heimberger
@heimbergecon
Senior Economist, Vienna Institute for International Economic Studies (@wiiw_ac_at); macro, economic policy, public finance, political economy, meta-science.
wiiw.ac.at/philipp-heimbe…
Joined August 2016
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    Philipp Heimberger
    @heimbergecon
    Aug 21, 2025
    We have a new paper on the overstated effects of conventional monetary policy on output and prices. Results reported in the literature are plagued by p-hacking and publication bias, leading to inflated effect sizes of how interest rate hikes affect output and prices.
    76K
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    Philipp Heimberger
    @heimbergecon
    Aug 6, 2022
    Tax cuts for the rich lead to higher income inequality. But they do not have any significant effect on economic growth or unemployment. Evidence for 18 OECD countries over 1965-2015 in this new paper published in Socio-Economic Review:
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    Philipp Heimberger
    @heimbergecon
    Jun 28, 2021
    Providing homeless people with housing: - reduces crime - increases employment - improves health - does not increase reliance on social benefits. 80% of costs are offset by the benefits in the first 18 months: drive.google.com/file/d/1PSWGvs…
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    Philipp Heimberger
    @heimbergecon
    Jan 26, 2024
    Young men and young women’s world views are pulling apart: the big ideology gap.
    3M
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    Philipp Heimberger
    @heimbergecon
    Feb 2, 2024
    Richest five families in Florence 🇮🇹 from 1427 are still the richest today (archival data). Not only the top shows persistence. Any family who was in the (1427) top third is almost certain to still be there today. Likely many Florences out there Paper in Review of Econ Studies
    1.5M
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    Philipp Heimberger
    @heimbergecon
    Dec 23, 2022
    Real wages in the UK are today lower than 18 years ago (!), and workers have seen substantial real wages losses since austerity started under the Tories in 2010.
    876K
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    Philipp Heimberger
    @heimbergecon
    Nov 13, 2024
    Trump announced that Elon Musk will lead a new department to cut government spending. Looking at government subsidies for Musk's companies, we can be pretty sure where he will *not* be cutting. The conflict of interest is mind-boggling.
    331K
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    Philipp Heimberger
    @heimbergecon
    Jul 26, 2021
    The richest five families in Florence 🇮🇹 from 1427 are still the richest today (archival data!). Not only the top shows persistence. Any family who was in the (1427) top third is almost certain to still be there today. Likely many Florences out there. voxeu.org/article/what-s…
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    Philipp Heimberger
    @heimbergecon
    Jul 26, 2021
    Surprise! Tax cuts for the rich lead to higher income inequality, but "do not have any significant effect on economic growth and unemployment." Evidence for 18 OECD countries over the last 50 years in this paper: eprints.lse.ac.uk/107919/1/Hope_…
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    Philipp Heimberger
    @heimbergecon
    Nov 12, 2024
    "rising inequality is legitimated by the popular belief that the income gap is meritocratically deserved: the more unequal a society, the more likely its citizens are to explain success in meritocratic terms... the less important... a person’s family wealth and connections."
    280K
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    Philipp Heimberger
    @heimbergecon
    Jun 29, 2023
    The Spanish inflation rate in June slowed sharply to 1.9%, which is below the ECB's inflation target. 🇪🇸 gas price cap in power production, limits on rent increases, windfall profit taxation etc. early on did make a difference.
    1M
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    Philipp Heimberger
    @heimbergecon
    Feb 6, 2021
    I am today launching a small twitter initiative, the Campaign Against Nonsense about Italy (#CANI). I’ll be tweeting data and arguments for countering myths about Italy’s state and economy. In this thread, I’ll explain why I think this is necessary /1
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    Philipp Heimberger
    @heimbergecon
    Aug 26, 2024
    When Mohamed Salah joined Liverpool "hate crimes in the Liverpool area dropped by 16% compared with a synthetic control, and Liverpool fans halved their rates of posting anti-Muslim tweets relative to fans of other top-flight clubs." Paper in American Political Science Review
    479K
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    Philipp Heimberger
    @heimbergecon
    Jun 18, 2020
    Paris-Berlin in 4 hours by train: new proposal for an EU Ultra-Rapid-Train network, which would be part of a 10-year, €2 trillion investment program focusing on public health, transport infrastructure and energy/decarbonisation: wiiw.ac.at/how-to-spend-i…