Search Results

Showing results 1 to 2 of approximately 2.

(refine search)
SORT BY: PREVIOUS / NEXT
Author:Silva, André F. 

Report
Pirates without Borders: The Propagation of Cyberattacks through Firms’ Supply Chains

We document the supply chain effects of the most damaging cyberattack in history. The disruptions propagated from the directly hit firms to their customers, causing a four-fold amplification of the initial drop in profits. These losses were larger for affected customers with fewer alternative suppliers. Internal liquidity buffers and increased borrowing, mainly through bank credit lines, helped firms navigate the shock. The cyberattack also led to persisting adjustments to the supply chain network, with affected customers more likely to create new relationships with alternative suppliers and ...
Staff Reports , Paper 937

Working Paper
Serving the Underserved: Microcredit as a Pathway to Commercial Banks

A large-scale microcredit expansion program---together with a credit bureau accessible to all lenders---can enable unbanked borrowers to build a credit history, facilitating their transition to commercial banks. Loan-level data from Rwanda show the program improved access to credit and reduced poverty. A sizable share of first-time borrowers switched to commercial banks, which cream-skim less risky borrowers and grant them larger, cheaper, and longer-maturity loans. Switchers have lower default risk than non-switchers and are not riskier than other bank borrowers. Switchers also obtain better ...
Finance and Economics Discussion Series , Paper 2021-041

FILTER BY year

FILTER BY Content Type

Report 1 items

Working Paper 1 items

FILTER BY Author

FILTER BY Jel Classification

G21 2 items

E23 1 items

G23 1 items

L14 1 items

O12 1 items

O55 1 items

show more (1)

FILTER BY Keywords

Access to credit 1 items

Bank loans 1 items

Credit bureau 1 items

Microfinance 1 items

Unbanked 1 items

bank credit 1 items

show more (3)

PREVIOUS / NEXT