This paper studies the impact of campaign spending on votes in French legislative elections. We exploit the political financing reforms which were adopted in France in the mid-1990s. Under the new laws, spending limits were reduced, legal persons were no longer allowed to finance candidates, and...

We estimate the causal effect of the electoral system on corruption by leveraging a specificity of the French electoral law where the electoral system for municipal councils depends on municipal population. Specifically, municipalities with fewer than 1,000 inhabitants use an individual majority...