Footnote:
In: Economics Bulletin, Vol.11, No. 3, pp. 1-5
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 4, 2009 erstellt
Description:
This paper shows a world where the individual practices concomitantly legal and illegal activities in two period of their lifetime. The results of the two-period model unveil that effectiveness of anti-money laundering policies and increase of probability of the agent to be apprehended and punished at the second period negatively affects the amount of resources obtained from criminal activities