One of the most important aspects for the economic and social growth of a country is high efficiency of public investments. This imperative has never been more critical, especially in the context of Europe and Italy, where the integration of environmental, economic, and social goals is essential...

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...

This paper quantifies mechanisms through which heterogeneity in household finances affects the transmission of monetary policy, considering housing tenure choices over the life cycle. Our analysis also identifies challenges for monetary policy related to housing busts. It focuses on the four...