Victor Aguirregabiria

Professor - Economics


Fields of Study

Areas of Interest

  • Dynamic structural models of market competition
  • Competition in retail markets
  • Firms' location decisions in cities
  • Spatial competition in cities
  • Geographic diffusion of bank credit


Victor Aguirregabiria is Professor of Economics at the University of Toronto. He has previously held appointments at the University of Western Ontario, University of Chicago, and Boston University. He is a graduate from CEMFI. He has served as Editor of the Journal of the Spanish Economic Association, and as Associate Editor of the Journal of Economic Literature, Quantitative Economics, Journal of Applied Econometrics, Journal of Business and Economic Statistics, International Journal of Industrial Organization, and Quantitative Marketing and Economics. He is Research Fellow of the Centre for Economic Policy Research, Honorary Fellow of the Spanish Economic Association, and Visiting Scholar at the Bank of Canada. His research has been published in leading international journals, including Econometrica, Review of Economic Studies, American Economic Review, and RAND Journal of Economics. Professor Aguirregabiria’s research focuses on models, methods, and applications in Empirical Industrial Organization, with particular emphasis on dynamic structural models of oligopoly competition. His current methodological projects deal with biased beliefs and learning in dynamic games, identification and estimation with multiple equilibria, the characterization of dynamic discrete choice models using Euler equations, and fixed-effects estimation of dynamic discrete choice models. Professor Aguirregabiria is also currently working on empirical applications that deal with: geographic diffusion of banks’ credit; a micro-founded dynamic equilibrium model of the copper mining industry; and deregulation and spatial competition in the Ontario retail alcohol industry.

Research Areas

Industrial Organization, Econometrics

Cities of Focus

Toronto and Canadian cities