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Feb 15 2022

TABE Webinar: Business Closures and (Re)Openings in Real Time Using Google Places

The COVID-19 pandemic highlighted the need for policy-makers to closely monitor disruptions to the retail and food business sectors. In a recently published working paper, Bank of Canada’s Thibaut Duprey, alongside his fellow researchers, presents a new method to measure business opening and closing rates using real-time data from Google Places, the dataset behind the Google Maps service. This method is a complementary tool for the timely monitoring of businesses during a crisis since existing methodologies that rely on business registries or tax data are not available in real time.

In this webinar, Thibaut will discuss this innovative approach and the major findings of the research. He will also comment on the extent of business closures during the most recent COVID-19 restrictions.

Duprey_Thibaut_7030-250x250 Director, Model Development and Research, Financial Stability Department, Bank of Canada Thibaut Duprey

Thibaut Duprey is the Director of Model Development and Research in the Financial Stability Department. His main interests include macro-financial linkages, banking theory, systemic risks, financial crises, and the associated prudential policies. In addition, he has contributed to the integration of financial stability considerations in the monetary policy framework. Before joining the bank, he was an economist at the Financial Stability Directorate of the Banque de France. He received his Ph.D. in Economics from the Paris School of Economics.

Event Details

Virtual
Feb 15, 2022 1:00pm - 2:15pm EST

Event Registration

Public Attendee List

  • Alan Arcand
  • Sonya Plater
  • Danielle Goldfarb
  • Christopher Kuchciak
  • Jane Walpole
  • Benjamin Dachis
  • Robert Bartnik
  • Adrienne Warren
  • Sheila Rao
  • Jacob Loree
  • Michael Davenport
  • Narendra Budhia
  • Randall Bartlett
  • Peter Weltman
  • Jigme Choerab
  • Rebekah Young
  • Chrystelle Saizonou
  • Kurt Anderson
  • Joel Robitaille
  • Marc Ercolao
  • Terence Smyth
  • Eugene Swimmer
  • D. Christopher Lawless
  • Amelie Lombard
  • Samantha Cleveland
  • Marc Desormeaux
  • Antonia Prlic
  • Alex Kraas