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Monitoring consumption Switzerland: data, background, and use cases

Author

Listed:
  • Martin Brown

    (Study Center Gerzensee)

  • Matthias R. Fengler

    (University of St. Gallen)

  • Jonas Huwyler

    (University of St. Gallen)

  • Winfried Koeniger

    (University of St. Gallen)

  • Rafael Lalive

    (University of Lausanne)

  • Robert Rohrkemper

    (Wordline)

Abstract

Monitoring Consumption Switzerland is a public–private partnership between the University of St. Gallen and the payment companies Worldline and SIX that processes and publishes payment data on transactions in Switzerland processed by Wordline/SIX in real time. This paper provides background information on this novel source of data and presents their attributes, aggregation and granularity, and their interpretability. The paper presents several use cases that show the strengths of the data, and it alerts future users of the data to possible challenges. The paper also discusses the project's impact and provides an outlook.

Suggested Citation

  • Martin Brown & Matthias R. Fengler & Jonas Huwyler & Winfried Koeniger & Rafael Lalive & Robert Rohrkemper, 2023. "Monitoring consumption Switzerland: data, background, and use cases," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 159(1), pages 1-16, December.
  • Handle: RePEc:spr:sjecst:v:159:y:2023:i:1:d:10.1186_s41937-023-00108-9
    DOI: 10.1186/s41937-023-00108-9
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    References listed on IDEAS

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    Cited by:

    1. Winfried Koeniger & Peter Kress & Jonas Lehmann, 2024. "Consumption Expenditures in Austria & Germany: New Evidence Based on Transactional Data," CESifo Working Paper Series 11408, CESifo.

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    More about this item

    Keywords

    Monitoring; Consumption; Payment data; COVID-19;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes

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