01941nam a2200241   4500001000700000090001100007100004100018101000800059200013800067210012900205215002000334225006000354300008100414330089200495606003801387606003101425606003301456606002401489700003201513701003001545955001101575995011301586387839  a387839  a20090819d2008       y0pory50      ba  aeng  aWorldwide anti-money laundering regulationbRecurso eletrónicoeestimating costs and benefitsfDonato Masciandaro, Raffaella Barone  a[Milano]cUniversità Commerciale Luigi Bocconi. “Paolo Baffi” Centre on Central Banking and Financial Regulationd2008  a1 CD-ROMd12 cm  a“Paolo Baffi” Centre Research Paper Seriesv2008-12  aResumo inserto na publicação. Ficheiro de 134 KB em formato PDF (23 p.).  aThe aim of this article is to offer a simple framework for estimating the benefits and costs of anti-money laundering regulation, based on a prudent estimation of the economic value of the worldwide money laundering. Using the multiplier model of the relationship between criminal markets revenues and money laundering activities and data for 2004, the value of money laundering is equal to US1.2 trillions (2.7% of the world GDP), while the maximum theoretical benefit in combating money laundering using financial regulation- in steady state- is equal to S280 billion (0.6% of the world GDP). If the aggregate figures keep to the previous more conservative estimates, the methodology is the crucial innovation. The estimates are the product of a explicit macro framework, and they can be replicated, improved using more consistent data, or contrasted implementing alternative models.  aBRANQUEAMENTO DE CAPITAIS9243734  aMERCADO FINANCEIRO9227061  aANÁLISE FINANCEIRA9267209  aREGULAMENTO9234525  aMASCIANDARObDonato9141700  aBARONEbRaffaella9355663  xOferta  104PJCD_98_00000000000000052022-06-066PJCD989418951aPJcPJfPJ1CD98_2kPJCD98n2022-06-06o0rMOxOferta