Purpose The purpose of this paper is to review studies focusing on the magnitude of money
laundering and their effects on a country's economy. The relevant concepts are identified on …

This paper proposes a dynamic model to simulate the relationships between the profits of
organized crime, money laundering and legal investments. We develop a macro framework …

Purpose–The purpose of this paper is to present an empirical assessment and outline
issues in criminal regulation relating to international anti‐money laundering (AML) …

The aim of the paper is to analyze theoretically and empirically the impact the
macroeconomic cycle has on the accumulation of capital by organized crime, using …

The paper examines the scientists' approaches to the evaluation of money laundering.
Attention is drawn to the macroeconomic results of such an analysis. The research on the …

Purpose Money laundering offences occur worldwide, with recent discussions involving
issues related to the low levels of compliance among professional accountants towards the …

Money laundering activities in financial markets have been increasingly serious recent
years. Although efforts on anti-money activities started at an early stage, the solutions seem …

This paper studies the transmission of crime shocks to the economy in a sample of 32
Mexican states over the period from 1993 to 2012. The paper uses a panel structural VAR …

Using a novel dataset, this paper explores the link between cross-border flows of illicit
money and anti-money laundering (AML) regulatory and judicial system regimes. To this …

Money laundering (ML) is harmful as it provides an opportunity for criminals to launder (or
legitimise) criminal proceeds and reinvest laundered funds into their activities. ML also …