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We study the effect of short-term finance on firm growth and its aggregate implications. Using a unique firm-level dataset of a credit guarantee program in Morocco, we show that firms with guaranteed short-term loans expand their production scale homogeneously and sharply decrease their cash...
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banks. We utilize indicators derived from Tail Value at Risk and expectiles risk measures, as introduced by El qalli and … Populaire as the most systemic banks in Morocco, carrying the potential to trigger systemic crises. …
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25 of the OECD Model Tax Convention and commits countries to endeavour to resolve disputes related to the interpretation … and application of tax treaties. The BEPS Action 14 Minimum Standard has been translated into specific terms of reference …
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efficiency of the mutual agreement procedure (MAP). The MAP is included in Article 25 of the OECD Model Tax Convention and … commits countries to endeavour to resolve disputes related to the interpretation and application of tax treaties. The Action …
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