This paper investigates the 2013 three-fold increase in the French dividend tax rate. Using
administrative data covering the universe of firms from 2008-2017 and a quasi-experimental …

A dynamic general equilibrium model with an occasionally binding investment borrowing
limit reconciles competing views on the macroeconomic effects of dividend taxation …

Does reducing the cost for entrepreneurs to write more complete contracts with their
financiers enhance entrepreneurial success? To shed light on this question, this paper …

This paper studies the causal effects of personal investment taxes on stock returns and the
financial decisions of companies. I exploit a change in legislation in 2013 which allowed …

We estimate behavioral responses to dividend taxation using recent French reforms: a rate
hike followed, five years later, by a cut. Exploiting household and firm tax data as well as …

Value-added taxes (VAT) are popular around the world and often collect a large share of tax
revenues (Ebrill et al., 2001; Brockmeyer et al., 2024). VAT is considered a particularly …

This paper studies the causal effects of personal investment taxes on stock returns and the
financial decisions of companies. I exploit a change in legislation in 2013 which allowed …

Late or unreliable refunds of credits undermine the best traits of value-added tax (VAT)
systems and might affect firms' growth and investment opportunities. This paper uses …