Oleksandr Shcherbakov

Senior Economist

Alex is a Senior Economist. His primary research interests are in Microeconomics and Industrial Organization with focus on empirical dynamic models of consumer and producer behavior.


Oleksandr Shcherbakov

Senior Economist
Economic Research and Analysis

Bank of Canada
234 Wellington Street
Ottawa, ON, K1A 0G9


Identifying the Degree of Collusion Under Proportional Reduction

Staff Working Paper 2017-51 Oleksandr Shcherbakov, Naoki Wakamori
Proportional reduction is a common cartel practice in which cartel members reduce their output proportionately. We develop a method to quantify this reduction relative to a benchmark market equilibrium scenario and relate the reduction to the traditional conduct parameter.

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