Philipp Heimberger
@heimbergecon
Vienna Institute for International Economic Studies (@wiiw_ac_at); macroeconomics, economic policy, public finance, political economy, meta-science.
Do higher public debt levels reduce economic growth? My meta-analysis is out in the September issue of Journal of Economic Surveys. By analysing 816 estimates, I find - publication bias in favour of negative growth effects - no uniform public-debt-to-GDP threshold Summary 馃У

Europe has replaced the lost US aid to Ukraine in 2025.
The Congressional Budget Office projects that Trump's tax cuts will add trillions of dollars to the US fiscal deficit.
More than 600,000 mostly young, highly educated Greeks left Greece between 2010 and 2021. In 2023, Greece saw a net inflow of people for the first time in more than a decade.
China's holdings of US government bonds have declined substantially and are now below those of the UK.
Interesting paper with new data on working from home: "the pandemic-driven shift to remote work has persisted and reached a new equilibrium... average WFH rates among college-educated employees stabilized after 2022... roughly 1 day per week globally 2023 through early 2025."
Fed chair Janet Yellen was interrupted more often and more aggressively during congressional hearings than male Fed chairs. The evidence suggests that this is neither due to content nor due to the tone of Yellen's communication, but an outcome of sexism.
Government interest payments in Italy accounted for 25% of total tax revenue in the mid-1990s. They are projected at 8.4% in 2026. 馃嚛馃嚜: 7.6% in 1995, 2.3% in 2026.
