This paper exploits the collective pardon granted to individuals incarcerated in French prisons on the 14th of July, 1996 (Bastille Day) to identify the effect of collective sentence reductions on recidivism. The collective pardon generated a very significant discontinuity in the relationship...

We estimate the impact of international trade on wages using data for French manufacturing firms. We instrument firm-level trade flows with firm-specific instrumental variables based on world demand and supply shocks. Both export and offshoring shocks have a positive effect on wages. Exports...