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Despite attempts to 'unwind' the Impocirc;t de Solidariteacute; sur la Fortune ('Solidarity Wealth Tax,' the French wealth tax) during the last legislature (2002-2007), ISF yields had soared by 2006, jumping from euro;2.5 billion in 2002 to euro;3.6 billion. Analysis of the economic consequences...
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We study a French wealth tax reform that starkly reduced the information some taxpayers must report to the tax authority. Using a new dynamic bunching approach we estimate the average response to the reform, the share of compliers, and the local average treatment effect. The annual wealth growth...
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This paper argues that differences in the dispersion of corporate ownership can help explain why party positions on corporate governance vary across countries and over time. Expectations that left/right conflicts should pitch capital against labor overlook that "capitalʺ is not a homogenous...
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