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Winfried Koeniger is Professor of Economics at the University of St.Gallen and Director of the Swiss Institute for Empirical Economic Research. Previously, he worked at Queen Mary, University of London. His research in economics and household finance has been published in top academic journals.

Expertise

Professor Koeniger studies how monetary and fiscal policies transmit to household portfolios and consumption. Concerning monetary policy, he analyzes the extent to which homeownership shapes the consumption responses to policy rate changes, as well as the monetary policy transmission to the cost of hedging. Regarding fiscal policy, he is interested in the effect of unconventional fiscal policy, as well as in the macroprudential implications of tax incentives.

Expertise Fields

  • Financial Markets
    • Central Banks and Monetary Policy
    • Financial Crises
  • Portfolio Management and Asset Classes
    • Personal Finance and Household Choices
    • Real Estate

Current Publications:

N°26-14: Tax Incentives, Portfolio Choice, and Macroprudential Risks

N°25-03: The Transmission of Monetary Policy to the Cost of Hedging

N°24-105: Consumption Expenditures in Austria & Germany: New Evidence Based on Transactional Data

N°24-58: The Effect of Unconventional Fiscal Policy on Consumption – New Evidence based on Transactional Data

N°22-86: The Heterogeneous Response of Real Estate Asset Prices to a Global Shock

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