This paper seeks to identify the causal effect of foreign acquisitions on wages of skilled and unskilled workers, using difference-in-differences propensity score matching estimators. Our results suggest that there is substantial heterogeneity in the post-acquisition wage effect depending on the...

(english) This article highlights the main findings of an evaluation report on the impact of a microfinance program based in Antananarivo. It first provides background information on microfinance programs in Madagascar and on the market-demand for micro-loans. It then describes the main...

This paper investigates the effects of the takeover of a domestic establishment by foreign owners on the domestic target’s development of wages for skilled and unskilled workers. We pay particular attention to identifying the causal effect, using a propensity score matching approach combined...

Intercompany credit is a transmission channel for business failure risk. Trade bill payment incidents reveal the interdependent links between sectors and their contagion risk potential when large amounts are involved.