The Expulsion of the Jews from France in 1306: a Modern Fiscal Analysis

Stéphane Mechoulan ()

Working Papers from University of Toronto, Department of Economics

Abstract: In 1306, at the peak of a severe financial and monetary crisis, Philippe the Fair expelled the Jews from his kingdom, declared himself creditor of their debts, seized their property and auctioned it off. Was this a clever move, financially speaking? Did Philippe gain more, by killing the goose that laid the golden egg, than by securing a steady flow of taxes? Taking discounting into account, conservative bounds on the sum collected through the seizures over the years that followed the expulsion challenge the traditional view that it was a bad deal. Still, the windfall brought by the relative success of the operation was short-lived.

Keywords: Expulsion; Philipe le Bel; Jews; 1306 (search for similar items in EconPapers)
JEL-codes: N0 N1 N4 N9 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2006-02-13
New Economics Papers: this item is included in nep-his
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Persistent link: https://EconPapers.repec.org/RePEc:tor:tecipa:tecipa-209

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