000			01919nam a2200265 4500
001			387839
090			_a387839
100			_a20090819d2008 y0pory50 ba
101			_aeng
200			_aWorldwide anti-money laundering regulation _bRecurso eletrónico _eestimating costs and benefits _fDonato Masciandaro, Raffaella Barone
210			_a[Milano] _cUniversità Commerciale Luigi Bocconi. “Paolo Baffi” Centre on Central Banking and Financial Regulation _d2008
215			_a1 CD-ROM _d12 cm
225			_a“Paolo Baffi” Centre Research Paper Series _v2008-12
300			_aResumo inserto na publicação. Ficheiro de 134 KB em formato PDF (23 p.).
330			_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 US _1.2 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 S _280 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.
606			_aBRANQUEAMENTO DE CAPITAIS _9243734
606			_aMERCADO FINANCEIRO _9227061
606			_aANÁLISE FINANCEIRA _9267209
606			_aREGULAMENTO _9234525
700			_aMASCIANDARO _bDonato _9141700
701			_aBARONE _bRaffaella _9355663
955			_xOferta