G14

Michael Ehrmann · Phillipp Gnan · Kilian Rieder

Layer 1 — Overview Research Question This paper investigates the economics of monetary policy leaks — anonymous disclosures of confidential information by insiders to the media — focusing on three …

Javier D Donna · José-Antonio Espín-Sánchez

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 …