SNB News
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The Swiss National Bank conducts the country’s monetary policy as an independent central bank. It is obliged by the Constitution and by statute to act in accordance with the interests of the country as a whole. Its primary goal is to ensure price stability, while taking due account of economic developments. In so doing, it creates an appropriate environment for economic growth.
2023-11-30 – Data portal – SNB balance sheet items end of October 2023
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Read More »2023-11-30 – Data portal – IMF SDDS Plus, 30 November 2023
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Read More »WP – 2023-11-30 – Martin Brown, Yves Nacht, Thomas Nellen and Helmut Stix: Cashless payments and consumer spending
Keywords Digital payments, Cash management, Payment choice, Present bias, Intertemporal choice, Preanalysis plan We examine how payment choice affects discretionary spending for a representative sample of consumers. Our analysis is motivated by a model of intertemporal choice in which intramonth liquidity constraints are endogenously determined by...
Read More »WP – 2023-11-30 – Marie-Catherine Bieri: Assessing economic sentiment with newspaper text indices: evidence from Switzerland
In this study, the signals of more than 530,000 news articles from 15 large Swiss newspapers are extracted to measure the economic sentiment in Switzerland. Economic sentiment includes consumer sentiment and sentiment about businesses as well. The research period for the text sentiment analysis ranges from 2016 until 2022 and, thus, the impact of the COVID-19 lockdown period is included in this analysis. I contribute two new indices: one concerns the measure of news...
Read More »2023-11-27 – Data portal – Important monetary policy data, 27 November 2023
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Read More »2023-11-21 – Data portal – Monthly banking statistics, November 2023
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Read More »2023-11-21 – Data portal – Economic data, November 2023
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Read More »2023-11-20 – Data portal – Important monetary policy data, 20 November 2023
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Read More »2023-11-18 – Thomas Jordan: Independence in research and monetary policy – a critical success factor for Switzerland
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