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Monitoring Consumption Switzerland: Data, Background, and Use Cases

Martin Brown, Matthias Fengler, Jonas Huwyler (), Winfried Koeniger, Rafael Lalive and Robert Rohrkemper ()

No 2301, Economics Working Paper Series from University of St. Gallen, School of Economics and Political Science

Abstract: Monitoring Consumption Switzerland (MCS) 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 realtime. This paper provides background information on this novel source of data, 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.

Keywords: Monitoring; Consumption; Payment Data; Covid-19 (search for similar items in EconPapers)
JEL-codes: D12 E21 E65 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2023-01
New Economics Papers: this item is included in nep-pay
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http://ux-tauri.unisg.ch/RePEc/usg/econwp/EWP-2301.pdf (application/pdf)

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