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Bouncing back : how mothballing curbs prices / by Thibaut Duprey, Artur Kotlicki, Daniel E. Rigobon and Philip Schnattinger.: FB3-5/2024-51E-PDF

"We investigate the macroeconomic impacts of mothballed businesses—those that closed temporarily—on sectoral equilibrium prices after a negative demand shock. First, we introduce a new establishment-level dataset derived from Google Places. We confirm the importance of temporary closures during the COVID-19 pandemic. Data on establishment reviews also suggests that preventing productive businesses from permanently exiting could support employment"--Abstract, page ii.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.950454&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleBouncing back : how mothballing curbs prices / by Thibaut Duprey, Artur Kotlicki, Daniel E. Rigobon and Philip Schnattinger.
Series title
  • Staff working paper = Document de travail du personnel, 1701-9397 ; 2024-51
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • ISSN assigned to different series.
  • "Last updated: December 19, 2024."
  • Includes bibliographical references (pages 34-37).
  • Includes abstract in French.
Publishing information
  • [Ottawa] : Bank of Canada = Banque du Canada, 2024.
  • ©2024
Author / Contributor
  • Duprey, Thibaut, author.
Description1 online resource (ii, 37, 10 pages) : illustrations, graphs.
Catalogue number
  • FB3-5/2024-51E-PDF
Subject terms
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