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

Author

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  • Stéphane F Mechoulan

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.

Suggested Citation

  • Stéphane F Mechoulan, 2006. "The Expulsion of the Jews from France in 1306: a Modern Fiscal Analysis," Working Papers tecipa-209, University of Toronto, Department of Economics.
    • Handle: RePEc:tor:tecipa:tecipa-209
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    Keywords

    Expulsion; Philipe le Bel; Jews; 1306;
    All these keywords.

    JEL classification:

    • N0 - Economic History - - General
    • N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
    • N4 - Economic History - - Government, War, Law, International Relations, and Regulation
    • N9 - Economic History - - Regional and Urban History

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