France experienced the demographic transition before richer and more educated countries. This paper offers a novel …

profit shifting channels different from those of other firms. We propose a novel and bank-specific method of profit shifting … bank, we show that a one percentage point lower corporate tax rate increases banks' fixed-income trading assets by 4.0% and …

We document that the first leak of customer information from a tax haven bank caused a sudden flight of deposits from …

granular effects: if markets are very concentrated in terms of the size distribution of banks, idiosyncratic shocks at the bank … of itself, and it may also influence concentration in banking and thus the impact of bank-specific shocks for the … micro-macro panel dataset. Our research has three main findings: First, bank-level shocks significantly impact on GDP …

-based measures of systemic bank shocks (SBS). These measures differ from “banking crisis” (BC) indicators employed in many empirical … studies, which are constructed using primarily information on government actions undertaken in response to bank distress … that BC indicators actually measure lagged policy responses to systemic bank shocks. We then re-examine the impact of …

We estimate the responses of gross labor income with respect to marginal and average net-of-tax rates in France over …

France has a track record of persistent general government deficits, partly reflecting pro-cyclical fiscal policies in … and looks at ways the public deficit could be lowered. With France already having a very large public sector, most of the …