Consumption Expenditures in Austria & Germany: New Evidence Based on Transactional Data

Winfried Koeniger, Peter Kress () and Jonas Lehmann
Additional contact information
Peter Kress: University of St. Gallen
Jonas Lehmann: University of St. Gallen

No 17361, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: We analyze the novel transactional card expenditure data for Germany and Austria provided by Fable Data. We describe key features of the data in terms of the coverage of expenditure items, payment channels, and the distribution of expenditures across regions and time. We highlight strengths and limitations of the data by comparing them to more consolidated lower-frequency information from external data sources. We find very similar expenditure patterns in Germany and Austria. We illustrate the advantages of the granular, higher-frequency information across expenditure items and locations by analyzing how consumption expenditures evolved during the COVID-19 crisis and beyond.

Keywords: consumption expenditures; transactional data; Austria; Germany; COVID-19 (search for similar items in EconPapers)
JEL-codes: C80 D12 E21 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2024-10
New Economics Papers: this item is included in nep-eur
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: Consumption Expenditures in Austria & Germany: New Evidence Based on Transactional Data (2024)
Working Paper: Consumption Expenditures in Austria & Germany: New Evidence Based on Transactional Data (2024)
Working Paper: Consumption Expenditures in Austria & Germany: New Evidence based on Transactional Data (2024)
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