This paper investigates the economics of monetary policy leaks — anonymous disclosures of confidential information by insiders to the media — focusing on three central questions: (1) Are leaks random …
PublishedReview of Economic StudiesOnline 17 Jan 2026Published Sep 2026
Donna and Espín-Sánchez investigate whether a market (sequential English auction) or a non-market institution (fixed quota) more efficiently allocates an intermediate good — irrigation water — when …