Philipp Heimberger
@heimbergecon
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Vienna Institute for International Economic Studies (@wiiw_ac_at); macroeconomics, economic policy, public finance, political economy, meta-science.
Joined August 2016
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.
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RT @heimbergecon: Media bias mainly comes from outlet-level decisions, not individual journalists. Media owners can enforce their stance at….
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Media bias mainly comes from outlet-level decisions, not individual journalists. Media owners can enforce their stance at almost no cost because journalists have little bargaining power.
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RT @heimbergecon: Draghi: 2025 will be remembered as the year shattering the illusion that the EU's economic weight provides geopolitical p….
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RT @heimbergecon: This paper shows a strong passthrough from carbon prices to energy prices, with spillovers into other consumer prices, yi….
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RT @heimbergecon: "In all countries, respondents greatly overestimate the number of immigrants, think immigrants are culturally and religio….
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3 reasons you should follow eBridge:. 1- It’s the largest startup hub in the RGV. 2- You’ll discover local success stories and new opportunities. 3- Because the future of the RGV’s economy is happening here.
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Draghi: 2025 will be remembered as the year shattering the illusion that the EU's economic weight provides geopolitical power/influence. "Today, only some form of common debt can support large-scale European projects [investments in strategic priorities/increasing productivity]."
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"In all countries, respondents greatly overestimate the number of immigrants, think immigrants are culturally and religiously more distant from them, and economically weaker—less educated, more unemployed, more reliant on/favoured by government transfers—than they actually are."
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This paper shows a strong passthrough from carbon prices to energy prices, with spillovers into other consumer prices, yielding a sizeable average welfare loss in consumption. Hardest hit: younger, poorer, and less educated households, especially in Southern and Eastern Europe.
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This is a useful reading list on recent advances in econometrics.
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RT @heimbergecon: We have a new paper on the overstated effects of conventional monetary policy on output and prices. Results reported in t….
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RT @heimbergecon: This new paper shows scientific research and innovation in EU regions are being quietly corroded by the rise of extreme p….
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RT @heimbergecon: The fertility decline is everywhere in the world today. In rich OECD countries, this decline began decades ago. Birthrate….
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If you want to stay ahead of the curve, protect your wealth, escape the tax-and-control regimes of the West, and build your future in a jurisdiction that respects liberty, this is the one event you cannot miss.
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The fertility decline is everywhere in the world today. In rich OECD countries, this decline began decades ago. Birthrates have been below replacement in the U.S. and Europe since the mid-1970s but have fallen further.
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