Truly honored to be awarded this prize together with my amazing coauthors @chrisedmond and @virgiliu79. Bob Lucas has long been an academic hero and a great source of inspiration to me — receiving this prize in his name is so amazing. Thanks @JPolEcon committee!
The JPE is pleased to announce that the Robert E. Lucas Jr. Prize for 2025 has been awarded to Chris Edmond, Virgiliu Midrigan, and Daniel Xu for “How Costly are Markups?”
Read about the prizewinning paper here: journals.uchicago.edu/journals/jpe/l….
@chrisedmond @virgiliu79 @DanielYiXu
