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 Lifetime Fellow of the International Association for Applied Econometrics, 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 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 emphasis on dynamic structural models of oligopoly competition. Among his current research projects, he is working on evaluating the contributions of market power, product differentiation, brand switching costs, price stickiness, and firms’ biased beliefs to the short and long run effectiveness of monetary shocks.