Based on real-time trade data from the Swiss franc overnight interbank repo market and SIX Interbank Clearing (SIC) the Swiss real-time gross settlement (RTGS) system we are able to gain valuable insights on the daytime value of money and its determinants: First, an implicit hourly interbank...

This paper analyzes card payments to the retail sector in Switzerland during the COVID-19 crisis. We provide evidence on aggregate effects and regional shifts. Pronounced shifts-which persisted post-lockdown-can be observed from urban to suburban and rural areas and among cantons. Data allow us...