Dr. Philipp Heimberger

Philipp Heimberger is an economist at the Vienna Institute for International Economic Studies (wiiw), where he leads the macro research group. He holds a PhD in economics from the Vienna University of Economics and Business. In 2021, Philipp was ranked as the 60th most influential economist in Germany by the Frankfurter Allgemeine Zeitung.
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Dr. Philipp Heimberger

Philipp Heimberger is an economist at the Vienna Institute for International Economic Studies (wiiw), where he leads the macro research group. He holds a PhD in economics from the Vienna University of Economics and Business. In 2021, Philipp was ranked as the 60th most influential economist in Germany by the Frankfurter Allgemeine Zeitung.

  • Research fields: macroeconomic policy, public finance and international economics, the macroeconomic implications of fiscal and monetary policy, the political economy of public debt, and the socio-economic impacts of globalisation.
  • Academic publications:Fiscal Policy for Stabilisation During the Covid-19 Crisis: The Role of Social Spending”. Applied Economics Letters (forthcoming); “Do Corporate Tax Cuts Boost Economic Growth?”. European Economic Review (2022); “The Power of Economic Models: The Case of the EU’s Fiscal Regulation Framework”. Socio-Economic Review (2020).
  • Professional experience: Since 2020, Philipp has served as an expert in Austria’s Fiscal Council, an independent council monitoring fiscal policy. In 2022, the EP's ECON committee invited Philipp to participate in a panel discussion on the drivers of and solutions for high inflation and a public hearing on EU fiscal rules reform. In March 2023, he authored a report for the ECON committee assessing the role of debt sustainability analysis. Several institutions have sought his expertise, including the European Stability Mechanism and Germany’s Federal Ministry for Economic Affairs.


Further publications


A. Peer-reviewed

“From demonstration to deployment: an economic analysis of support policies for carbon capture and storage” with Wolf Heidug, John Ward, and Robin Smale, Energy Policy Vol 60 (2013) (Pdf).

“Self-interested Low-carbon Growth in Brazil, China, and India” with John Ward, Cameron Hepburn, David Anthoff, Simon Baptist, Philip Gradwell, and Chris Hope, Global Journal of Emerging Market Economies Vol 4 No 3 (2012) (Pdf).


B. Book chapters and policy publications

“Planifier pour répondre à l’incertitude”, book chapter in Politiques de l’interrègne. Chine, pandémie, climat. Paris: Gallimard, 24.3.2022.

“Die Definition einer zukunftsfähigen Finanzpolitik”, with Philippa Sigl-Glöckner, Wirtschaftsdienst, 101. Jahrgang, Heft 7, July 2021. PDF availabe here.

“Sustainable investments and sustainable development: an epistemological one-way street”, report for Royal Academy of Belgium, April 2021.


C. Essays and reviews

No Alternative?”, review of and reflections on Fritz Bartel’s The Triumph of Broken Promises, Harvard University Press, 2022. Published on Phenomenal World, 25.3.2023.

“Eine widersprüchliche Bilanz: Das brüchige Erbe der Ära Merkel”, Theorie und Praxis der Sozialen Arbeit, 73. Jg. H. 2, Mai 2022.

“The Whole Field: Markets, planning, and coordinating the green transformation”, Phenomenal World, 30.4.2022. A german translation published at Politik & Ökonomie als “Aus dem Nie, ein Jetzt: Zur Planung und Umsetzung der Nachhaltigkeitswende”, 20.11.2022.

“The dog that didn’t bark: inflation and power in the contemporary capitalist state”Renewal, Vol 28 No 1. April 2020.

“‘Just do it’: The Economics of Belonging and the temptation of Nike Politics”, a review of Martin Sandbu’s The Economics of Belonging, Princeton University Press, 2020, The Progressive Post, 23.01.2021. Published at The Progressive Post, 23.01.2021.

“Onwards, but not via Beijing: for a democratic re-embedding of capitalism”, mit Mathis Richtmann. The essay won 2nd prize in the 2020 Hertie Stiftung essay competition. Published in German in Wirtschaftswoche als Lasst uns die demokratische Kontrolle über die Marktwirtschaft wiedererlangen!, 12.10.2020.


D. Press and other

"Demokratie und Klimawandel: Alles wird sich ändern”, with Georg Diez, Die ZEIT, 3.7.2023

Decarbonization requires new fiscal rules”, with Philippa Sigl-Glöckner und Janek Steitz, Project Syndicate, 25.4.2023

Wann sind öffentliche Finanzen (rechtlich) gesund?”, with Philipp Orphal, Makronom, 28.11.2022.