00000nam 2200000zi 4500 9.906632 CaOODSP 20221107181152 m o d f cr |n||||||||| 220106t20222022oncd ob f000 0 eng d CaOODSP eng rda CaOODSP n-cn--- FB3-5/2022-1E-PDF Duprey, Thibaut, author. Business closures and (re)openings in real time using Google Places / by Thibaut Duprey, Daniel E. Rigobon, Philip Schnattinger, Artur Kotlicki, Soheil Baharian and T. R. Hurd. Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2022. ©2022 1 online resource (ii, 22 pages) : colour graphs. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2022-1 "Last updated: January 5, 2022." Includes bibliographical references (pages 17-18). "We present a new method to measure business opening and closure rates using real-time information from Google Places, the dataset behind the Google Maps service. Our Canadian application confirms the importance of temporary closures and reopenings during the COVID-19 pandemic. Over 50% of the temporarily closed food and retail businesses during the April 2021 lockdown reopened by the end of September. Our estimates align well with the timing of COVID-19 restrictions and are validated by a survey of recently opened businesses. Our framework provides policy-makers with a tool for the timely monitoring of business dynamics"--Abstract, page ii. Business enterprises Canada Statistics. COVID-19 (Disease) Economic aspects Canada Statistics. Entreprises Canada Statistiques. COVID-19 Aspect économique Canada Statistiques. Bank of Canada, issuing body. Staff working paper (Bank of Canada) 2022-1. (CaOODSP)9.806221 PDF 792 KB https://publications.gc.ca/collections/collection_2022/banque-bank-canada/FB3-5-2022-1-eng.pdf