Rigobon, Daniel E.; Duprey, Thibaut; Kotlicki, Artur; … - In: Journal of Risk and Financial Management 15 (2022) 4, pp. 1-10
We present a new estimation of business opening and closure rates using data from Google Places-the data set behind the Google Maps service. Our algorithm, through a bisection routine, counts the appearance and disappearance of "pins" that represent unique businesses. As a proof of concept, we...