Philipp Heimberger
Researcher, Vienna Institute for International Economic Studies (wiiw); macroeconomics, economic policy, public finance, political economy, meta-science.
Joined
November 2024
This new paper finds that a higher public debt burden (think Italy) is related to deeper economic contractions and sharper declines in investment. Transmission: Higher public debt burdens are linked to limitations of expansionary fiscal policy during financial crises.
