Vienna Institute for International Economic Studies (wiiw); macroeconomics, economic policy, public finance, political economy, meta-science.
Philipp Heimberger
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EU member states with the most restrictive fiscal policy stance stance in 2026 (i.e. fiscal consolidation) according to the European Commission: Romania, France, Belgium, Slovakia, Luxembourg, Austria.
EU member states with the most restrictive fiscal policy stance stance in 2026 (i.e. fiscal consolidation) according to the European Commission: Romania, France, Belgium, Slovakia, Luxembourg, Austria.
Philipp Heimberger
Philipp Heimberger
Our paper on EU countries' development models in the race for the best location is out in "Review of Evolutionary Political Economy". Cluster countries by macro and institutional characteristics. Four models: core, periphery, workbench, finance hubs. Hubs importance has increased
Our paper on EU countries' development models in the race for the best location is out in "Review of Evolutionary Political Economy". Cluster countries by macro and institutional characteristics. Four models: core, periphery, workbench, finance hubs. Hubs importance has increased
New paper: We assess ageing costs in the reformed EU fiscal rules. We show that the treatment of ageing costs under the Debt Sustainability Analysis (DSA) that underpins the new rules constrains elected governments based on uncertain and arbitrary ageing-related assumptions.
New paper: We assess ageing costs in the reformed EU fiscal rules. We show that the treatment of ageing costs under the Debt Sustainability Analysis (DSA) that underpins the new rules constrains elected governments based on uncertain and arbitrary ageing-related assumptions.
The European Commission allows additional government spending of up to 0.6% of GDP until 2028 to reduce dependence on fossil fuels by broadening the scope of the current National Escape Clause for defence spending. Such extra spending would be exempt from fiscal rules constraints
This paper analyzes developmental trajectories in the EU. In doing so, it diagnoses economic polarization on two different levels: for one, we observe a divergence of average incomes across EU countri...
