An Inter-Temporal Model of Dirty Money

被引：10

作者：

Azevedo Araujo, Ricardo ^{[1
]}

Moreira, Tito Belchior S. ^{[1
]}

机构：

[1] Univ Catolica Brasilia, Dept Econ, Brasilia, DF, Brazil

来源：

JOURNAL OF MONEY LAUNDERING CONTROL | 2005年 / 8卷 / 03期

关键词：

Mathematical modelling; Money laundering; Welfare;

D O I：

10.1108/13685200510700552

中图分类号：

DF [法律]; D9 [法律];

学科分类号：

0301 ;

摘要：

Presents a basic model by which a representative agent chooses how to allocate his savings optimally between money of legal origin and dirty money&semi; he holds the laundered dirty money, from which the money laundering process generates a positive transaction cost. Analyses the welfare of such an economy as a result of money laundering, also the conditions for reducing the incentives for this transforming of illegal into legal money: the incentive can be minimised if the effectiveness of anti-money laundering increases. Concludes that the welfare of an economy where there is only legal money is greater than one in which legal and illegal activities coexist. © 2005, Emerald Group Publishing Limited.

引用

页码：260 / +

页数：4