This article studies the equivalence between labor and consumption taxes in a stochastic context, where the government …

Multivariate equivalence testing becomes necessary whenever the similarity rather than a difference between several … assessment of multivariate equivalence. Recently Munk & Pflüger (1999) proposed to test ellipsoidal instead of rectangular … equivalence which are compared numerically with competitors suggested by Brown, Cassella & Hwang (1995) and Munk & Pflüger (1999 …

banking and the abolition of cash I propose an equivalence result according to which a marginal substitution of outside for …) incentives for equivalence and argue that these conditions likely are violated, implying that RFA would change macroeconomic …

induced by the Nash equilibria of the representing LIG, this paper offers three equivalence results that delineate a …

and liquidity bubbles. We derive sufficient conditions for equivalence and apply them in the context of the “Chicago Plan …

banking and the abolition of cash I propose an equivalence result according to which a marginal substitution of outside for …) incentives for equivalence and argue that these conditions likely are violated, implying that RFA would change macroeconomic …

apply the equivalence result to the "Chicago Plan," cryptocurrencies, the Indian de-monetization experiment, and Central …