Victor Aguirregabiria

University of Toronto - Department of Economics

Professor

150 St. George Street

Toronto, Ontario M5S 3G7

Canada

http://individual.utoronto.ca/vaguirre/

SCHOLARLY PAPERS

30

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CITATIONS
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303

Scholarly Papers (30)

1.

Sequential Estimation of Dynamic Discrete Games

Econometrica, Vol. 75, No. 1
Number of pages: 52 Posted: 20 Jun 2004 Last Revised: 30 Oct 2016
Victor Aguirregabiria and Pedro Mira
University of Toronto - Department of Economics and Centro de Estudios Monetarios y Financieros (CEMFI)
Downloads 728 (33,389)
Citation 190

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Dynamic discrete games, Multiple equilibria, Pseudo maximum likelihood estimation, Entry and exit in oligopoly markets

Labor Contracts and Flexibility: Evidence from a Labor Market Reform in Spain

Economic Inquiry, 52 (April 2014), 930-957.
Number of pages: 28 Posted: 05 Jul 1999 Last Revised: 30 Oct 2016
Victor Aguirregabiria and Cesar Alonso-Borrego
University of Toronto - Department of Economics and Universidad Carlos III de Madrid - Department of Economics
Downloads 576 (45,075)
Citation 38

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Labor demand, Firing costs, Temporary contracts, Estimation of dynamic structural models

Labor Contracts and Flexibility: Evidence from a Labor Market Reform in Spain

Economic Inquiry, Vol. 52, Issue 2, pp. 930-957, 2014
Number of pages: 28 Posted: 26 Feb 2014
Victor Aguirregabiria and Cesar Alonso-Borrego
University of Toronto - Department of Economics and Universidad Carlos III de Madrid - Department of Economics
Downloads 1 (675,648)
Citation 2
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3.

Dynamic Discrete Choice Structural Models: A Survey

Journal of Econometrics, Vol. 156, No. 1, 2010
Number of pages: 68 Posted: 04 Aug 2007 Last Revised: 30 Oct 2016
Victor Aguirregabiria and Pedro Mira
University of Toronto - Department of Economics and Centro de Estudios Monetarios y Financieros (CEMFI)
Downloads 529 (50,897)
Citation 86

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Dynamic structural models, Discrete choice, Estimation methods

4.

A Genetic Algorithm for the Structural Estimation of Games with Multiple Equilibria

New Mathematics and Natural Computation, Vol. 1, Number 2, 295-303.
Number of pages: 18 Posted: 04 Mar 2005 Last Revised: 30 Oct 2016
Victor Aguirregabiria and Pedro Mira
University of Toronto - Department of Economics and Centro de Estudios Monetarios y Financieros (CEMFI)
Downloads 462 (60,370)
Citation 3

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Empirical games, Maximum likelihood estimation, Multiple equilibria, Genetic algorithms

5.

A Dynamic Oligopoly Game of the US Airline Industry: Estimation and Policy Experiments

Journal of Econometrics, Vol. 168, No. 1, 2012
Number of pages: 48 Posted: 02 Oct 2008 Last Revised: 30 Oct 2016
Victor Aguirregabiria and Chun-Yu Ho
University of Toronto - Department of Economics and State University of New York (SUNY) - Department of Economics
Downloads 328 (90,306)
Citation 32

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Airline industry, Hub-and-spoke networks, Entry costs, Industry dynamics, Estimation of dynamic games, Counterfactual experiments in models with multiple equilibria

6.

Recent Developments in Empirical IO: Dynamic Demand and Dynamic Games

Advances in Economics and Econometrics. Tenth World Congress of the Econometric Society. Volume 3, Econometrics. (May 2013). D. Acemoglu, M. Arellano, and E. Deckel, eds.
Number of pages: 60 Posted: 07 Jan 2011 Last Revised: 30 Oct 2016
Victor Aguirregabiria and Aviv Nevo
University of Toronto - Department of Economics and Northwestern University - Department of Economics
Downloads 294 (101,762)
Citation 19

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Industrial Organization, Oligopoly Competition, Dynamic Demand, Dynamic Games, Estimation, Counterfactual Experiments, Multiple Equilibria, Inclusive Values, Unobserved Heterogeneity

Dynamic Spatial Competition between Multi-Store Firms

The Journals of Industrial Economics, Vol 64, Issue 4 (December 2016)
Number of pages: 44 Posted: 28 Aug 2006 Last Revised: 30 Oct 2016
Victor Aguirregabiria and Gustavo Vicentini
University of Toronto - Department of Economics and Boston University
Downloads 254 (118,254)
Citation 6

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Spatial competition, Market dynamics, Sunk costs, Spatial preemptive behavior.

Dynamic Spatial Competition between Multi-Store Firms

CEPR Discussion Paper No. DP10273
Number of pages: 44 Posted: 02 Dec 2014
Victor Aguirregabiria and Gustavo Vicentini
University of Toronto - Department of Economics and Analysis Group, Inc.
Downloads 1 (675,648)
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cannibalization, industry dynamics, spatial competition, spatial preemption, store location, sunk costs

Estimation of Dynamic Programming Models with Censored Dependent Variables

Number of pages: 42 Posted: 01 Jun 1998
Victor Aguirregabiria
University of Toronto - Department of Economics
Downloads 167 (176,567)
Citation 9

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Estimation of Dynamic Programming Models with Censored Dependent Variables

Investigaciones Economicas, Vol. XXI(2), pp. 167-208, 1997
Number of pages: 42 Posted: 22 Jun 2004
Victor Aguirregabiria
University of Toronto - Department of Economics
Downloads 71 (326,408)

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9.

Employment Occupational Structure, Technological Capital and Reorganization of Production

Universidad Carlos III de Madrid Working Paper No. 97-12
Number of pages: 34 Posted: 03 Mar 1998
Cesar Alonso-Borrego and Victor Aguirregabiria
Universidad Carlos III de Madrid - Department of Economics and University of Toronto - Department of Economics
Downloads 192 (155,779)
Citation 7

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Identification and Estimation of Dynamic Games When Players' Beliefs are Not in Equilibrium

Number of pages: 70 Posted: 25 Jul 2012 Last Revised: 30 Oct 2016
Victor Aguirregabiria and Arvind Magesan
University of Toronto - Department of Economics and University of Calgary
Downloads 188 (158,688)
Citation 9

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Dynamic games, Rational behavior, Rationalizability, Identification, Estimation, Market entry-exit

Identification and Estimation of Dynamic Games When Players' Beliefs are Not in Equilibrium

CEPR Discussion Paper No. DP10872
Number of pages: 70 Posted: 13 Oct 2015
Victor Aguirregabiria and Arvind Magesan
University of Toronto - Department of Economics and University of Calgary
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Citation 1
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dynamic games, estimation, identification, market entry-exit, rational behavior, rationalizability

11.

Pseudo Maximum Likelihood Estimation of Structural Models Involving Fixed-Point Problems

Economics Letters, 84 (September 2004), 335-340.
Number of pages: 5 Posted: 20 Jun 2004 Last Revised: 30 Oct 2016
Victor Aguirregabiria
University of Toronto - Department of Economics
Downloads 134 (211,527)

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Fixed points, Pseudo maximum likelihood estimation, Recursive methods

12.

An Estimable Dynamic Model of Entry, Exit and Growth in Oligopoly Retail Markets

American Economic Review, Vol. 97, No. 2, 2007
Number of pages: 11 Posted: 06 Feb 2007 Last Revised: 30 Oct 2016
Victor Aguirregabiria, Pedro Mira and Hernan Roman
University of Toronto - Department of Economics, Centro de Estudios Monetarios y Financieros (CEMFI) and Universidad de los Andes, Chile - ESE Business School
Downloads 133 (212,820)
Citation 9

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Industry dynamics, Oligopoly retail markets, Structural estimation

13.

Euler Equations for the Estimation of Dynamic Discrete Choice Structural Models

Advances in Econometrics, Volume 31, Structural Microeconometrics, E. Choo and M. Shum, eds. (December 2013), 3-44.
Number of pages: 34 Posted: 03 Jun 2013 Last Revised: 30 Oct 2016
Victor Aguirregabiria and Arvind Magesan
University of Toronto - Department of Economics and University of Calgary
Downloads 132 (214,181)
Citation 6

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Dynamic discrete choice structural models; Euler equations; Choice probabilities

Swapping the Nested Fixed Point Algorithm: A Class of Estimators for Discrete Markov Decision Models

Number of pages: 42 Posted: 13 Mar 1999
Victor Aguirregabiria and Pedro Mira
University of Toronto - Department of Economics and Centro de Estudios Monetarios y Financieros (CEMFI)
Downloads 127 (221,434)
Citation 75

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Swapping the Nested Fixed Point Algorithm: A Class of Estimators for Discrete Markov Decision Models

Econometrica, Vol. 70, No. 4, pp. 1519-1543, July 2002
Posted: 04 Jul 2004
Victor Aguirregabiria and Pedro Mira
University of Toronto - Department of Economics and Centro de Estudios Monetarios y Financieros (CEMFI)

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Discrete Markov decision models, Nested algorithms, Policy iteration, Maximum pseudo-likelihood estimators

15.

Identification and Counterfactuals in Dynamic Models of Market Entry and Exit

Quantitative Marketing and Economics, Vol. 12, No. 3, 2014
Number of pages: 38 Posted: 30 Oct 2012 Last Revised: 30 Oct 2016
Victor Aguirregabiria and Junichi Suzuki
University of Toronto - Department of Economics and University of Toronto - Department of Economics
Downloads 109 (246,838)
Citation 15

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Dynamic structural models, Market entry and exit, Identification, Fixed cost, Entry cost, Exit value, Counterfactual experiment, Land price

16.

Nonparametric Identification of Behavioral Responses to Counterfactual Policy Interventions in Dynamic Discrete Decision Processes

Economics Letters, Vol. 87, No. June 2005, 393-398
Number of pages: 4 Posted: 16 Aug 2004 Last Revised: 30 Oct 2016
Victor Aguirregabiria
University of Toronto - Department of Economics
Downloads 99 (263,674)
Citation 5

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Dynamic discrete decision processes, identification, counterfactual policy experiments

Diversification of Geographic Risk in Retail Bank Networks: Evidence from Bank Expansion after the Riegle-Neal Act

RAND Journal of Economics, Vol. 47, No. 3, 2016
Number of pages: 44 Posted: 30 Oct 2012 Last Revised: 30 Oct 2016
Victor Aguirregabiria, C. Robert Clark and Hui Wang
University of Toronto - Department of Economics, HEC Montreal and Peking University - Guanghua School of Management
Downloads 95 (272,823)
Citation 16

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Riegle Neal Act, Commercial banking, Oligopoly competition, Branch networks, Liquidity risk, Geographic risk diversification

Diversification of Geographic Risk in Retail Bank Networks: Evidence from Bank Expansion after the Riegle-Neal Act

CEPR Discussion Paper No. DP9816
Number of pages: 55 Posted: 02 Jun 2014
Victor Aguirregabiria, C. Robert Clark and Hui Wang
University of Toronto - Department of Economics, HEC Montreal and Peking University - Guanghua School of Management
Downloads 1 (675,648)
Citation 1
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Branch networks, Commercial banking, Geographic risk diversification, Liquidity risk, Oligopoly competition, Riegle Neal Act

18.

Another Look at the Identification of Dynamic Discrete Decision Processes

Number of pages: 41 Posted: 26 Apr 2005
Victor Aguirregabiria
University of Toronto - Department of Economics
Downloads 82 (297,016)
Citation 1

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Dynamic discrete decision processes, nonparametric identification, counterfactual experiments

Empirical Models of Firms and Industries

Number of pages: 49 Posted: 28 Apr 2017
Victor Aguirregabiria and Margaret E. Slade
University of Toronto - Department of Economics and University of British Columbia (UBC)
Downloads 65 (342,673)

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Empirical Models of Firms and Industries

CEPR Discussion Paper No. DP12074
Number of pages: 52 Posted: 05 Jun 2017
Victor Aguirregabiria and Margaret Slade
University of Toronto - Department of Economics and University of British Columbia (UBC)
Downloads 1 (675,648)
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Collusion, demand for differentiated products, dynamic structural models, empirical auction models, Empirical IO, inter-firm contracts, production functions

Empirical Models of Firms and Industries

Canadian Journal of Economics/Revue canadienne d'économique, Vol. 50, Issue 5, pp. 1445-1488, 2017
Number of pages: 44 Posted: 02 Jan 2018
Victor Aguirregabiria and Margaret Slade
University of Toronto - Department of Economics and University of British Columbia (UBC)
Downloads 1 (675,648)
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20.

Another Look at the Identification of Dynamic Discrete Decision Processes: With an Application to Retirement Behavior

Journal of Business and Economic Statistics, 28(2) (April 2010), 201-218.
Number of pages: 45 Posted: 30 Mar 2007 Last Revised: 30 Oct 2016
Victor Aguirregabiria
University of Toronto - Department of Economics
Downloads 50 (383,511)
Citation 20

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Dynamic discrete decision processes, Nonparametric identification, Counterfactual policy interventions, Retirement behavior

Solution and Estimation of Dynamic Discrete Choice Structural Models Using Euler Equations

Number of pages: 49 Posted: 29 Oct 2016
Victor Aguirregabiria and Arvind Magesan
University of Toronto - Department of Economics and University of Calgary
Downloads 35 (449,633)

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Dynamic programming discrete choice models, Euler equations, Relative Value Function iteration, Estimation; Approximation bias

Solution and Estimation of Dynamic Discrete Choice Structural Models Using Euler Equations

CEPR Discussion Paper No. DP11300
Number of pages: 50 Posted: 01 Jun 2016
Victor Aguirregabiria and Arvind Magesan
University of Toronto - Department of Economics and University of Calgary
Downloads 0
Citation 1
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Dynamic programming discrete choice models; Euler equations; Policy iteration; Estimation; Approximation bias.

Empirical Games of Market Entry and Spatial Competition in Retail Industries

Handbook on the Economics of Retail and Distribution, Chapter 9, pp 201-233. Emek Basker (editor). (January 2016), Edward Elgar Publishing
Number of pages: 40 Posted: 04 Nov 2016
Victor Aguirregabiria and Junichi Suzuki
University of Toronto - Department of Economics and University of Toronto - Department of Economics
Downloads 33 (458,652)

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Retail industries, Market entry and exit, Spatial competition, Econometrics of discrete choice games

Empirical Games of Market Entry and Spatial Competition in Retail Industries

CEPR Discussion Paper No. DP10410
Number of pages: 37 Posted: 10 Feb 2015
Victor Aguirregabiria and Junichi Suzuki
University of Toronto - Department of Economics and University of Toronto - Department of Economics
Downloads 1 (675,648)
Citation 2
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econometrics of discrete choice games, market entry and exit, retail industries, spatial competition

23.

A Method for Implementing Counterfactual Experiments in Models with Multiple Equilibria

Economics Letters, Vol. 114, No. 2, 2012
Number of pages: 13 Posted: 25 Jul 2012 Last Revised: 30 Oct 2016
Victor Aguirregabiria
University of Toronto - Department of Economics
Downloads 18 (526,893)
Citation 9

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Structural models with multiple equilibria, Counterfactual experiments, Equilibrium selection

Identification of Biased Beliefs in Games of Incomplete Information Using Experimental Data

Number of pages: 38 Posted: 28 Apr 2017
Victor Aguirregabiria and Erhao Xie
University of Toronto - Department of Economics and Bank of Canada
Downloads 17 (552,212)

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Empirical Games, Randomized experiments, Laboratory experiments, Testing for biased beliefs, Identification, Multiple equilibria, Strategic uncertainty, Coordination game

Identification of Biased Beliefs in Games of Incomplete Information Using Experimental Data

CEPR Discussion Paper No. DP11275
Number of pages: 38 Posted: 16 May 2016
Victor Aguirregabiria and Erhao Xie
University of Toronto - Department of Economics and Bank of Canada
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Testing biased beliefs; Multiple equilibria; Strategic uncertainty; Coordination game.

Sufficient Statistics for Unobserved Heterogeneity in Structural Dynamic Logit Models

Number of pages: 57 Posted: 23 May 2018
Victor Aguirregabiria, Jiaying Gu and Yao Luo
University of Toronto - Department of Economics, University of Toronto and University of Toronto - Department of Economics
Downloads 6 (626,283)

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Panel data discrete choice models; Dynamic structural models; Fixed effects; Unobserved heterogeneity; Structural state dependence; Identification; Sufficient statistic

Sufficient Statistics for Unobserved Heterogeneity in Structural Dynamic Logit Models

CEPR Discussion Paper No. DP12930
Number of pages: 60 Posted: 15 May 2018
Victor Aguirregabiria, Jiaying Gu and Yao Luo
University of Toronto - Department of Economics, University of Toronto and University of Toronto
Downloads 1 (675,648)
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Panel data discrete choice models; Dynamic structural models; Fixed effects; Unobserved heterogeneity; Structural state dependence; Identification; Sufficient statistic.

26.

The Geographic Flow of Bank Funding and Access to Credit: Branch Networks, Local Synergies, and Competition

CEPR Discussion Paper No. DP13741
Number of pages: 57 Posted: 22 May 2019
Victor Aguirregabiria, Robert Clark and Hui Wang
University of Toronto - Department of Economics, Queen's University and Peking University - Guanghua School of Management
Downloads 1 (643,712)
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Access to credit, Bank Competition, Branch networks, Economies of scope between deposits and loans, Geographic flow of bank funds

27.

Firms' Beliefs and Learning: Models, Identification, and Empirical Evidence

CEPR Discussion Paper No. DP13255
Number of pages: 45 Posted: 22 Oct 2018
Victor Aguirregabiria and Jihye Jeon
University of Toronto - Department of Economics and Boston University
Downloads 1 (643,712)
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beliefs, dynamics, identification, learning, Oligopoly competition, Structural models

28.

Identification of a Simple Dynamic Discrete Game Under Rationalizability

"Comment” Journal of Business and Economic Statistics, 26(3) (July 2008), 283-289.
Posted: 12 Aug 2008 Last Revised: 30 Oct 2016
Victor Aguirregabiria
University of Toronto - Department of Economics

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Identification, Empirical dynamic discrete games, Rational behavior, Rationalizability

29.

Occupational Structure, Technological Innovation, And Reorganization of Production

Labour Economics, Vol. 8, No. 1, January 2001
Posted: 11 Jan 2001
Victor Aguirregabiria and Cesar Alonso-Borrego
University of Toronto - Department of Economics and Universidad Carlos III de Madrid - Department of Economics

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The Dynamics of Markups and Inventories in Retailing Firms

Posted: 23 Feb 1998
Victor Aguirregabiria
University of Toronto - Department of Economics

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The Dynamics of Markups and Inventories in Retailing Firms

Review of Economic Studies, Vol. 66, pp. 275-308, May 1999
Posted: 23 Aug 2004 Last Revised: 30 Oct 2016
Victor Aguirregabiria
University of Toronto - Department of Economics

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