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Riciclaggio finanziario e credito d’usura: un modello di analisi economica

Author

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  • Raffaella BARONE

    (Dipartimento di Scienze Economiche e Matematico-Statistiche - Università di Lecce)

Abstract

The aim of this paper is to propose a model of money laundering and an economic analysis model of money laundering by usury. The first one is an evolution of a model already present in the literature and the difference is in the way to evaluate the advantage for a criminal to reinvest the laundered money in the illegal market. In fact laundering dirty money is expensive. The second model shows what happens when the money laundering is made using the usury credit. The most interesting result of this analysis is that usurious rate can be cheaper than legal rate, because the aim of the usury can be to launder dirty money.

Suggested Citation

  • Raffaella BARONE, 2004. "Riciclaggio finanziario e credito d’usura: un modello di analisi economica," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 112(2), pages 119-135.
  • Handle: RePEc:vep:journl:y:2004:v:112:i:2:p:119-135
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    File URL: http://riss.vitaepensiero.it/scheda-articolo_digital/raffaella-barone/riciclaggio-finanziario-e-credito-dusura-un-modello-di-analisi-economica-000518_2004_0002_0003-150787.html
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    References listed on IDEAS

    as
    1. Djajic, Slobodan, 1987. "Illegal aliens, unemployment and immigration policy," Journal of Development Economics, Elsevier, pages 235-249.
    2. Christina Boswell & Thomas Straubhaar, 2004. "The illegal employment of Foreign workers: an overview," Intereconomics: Review of European Economic Policy, Springer;German National Library of Economics;Centre for European Policy Studies (CEPS), vol. 39(1), pages 4-7, January.
    3. Ethier, Wilfred J, 1986. "Illegal Immigration: The Host-Country Problem," American Economic Review, American Economic Association, pages 56-71.
    4. Chiswick, Barry R, 1988. "Illegal Immigration and Immigration Control," Journal of Economic Perspectives, American Economic Association, pages 101-115.
    5. Avi Weiss & Arye L. Hillman & Gil S. Epstein, 1999. "Creating illegal immigrants," Journal of Population Economics, Springer;European Society for Population Economics, pages 3-21.
    6. Kenneth F. Scheve & Matthew J. Slaughter, 1999. "Labor-Market Competition and Individual Preferences Over Immigration Policy," NBER Working Papers 6946, National Bureau of Economic Research, Inc.
    7. Gabriella Bucci & Rafael Tenorio, 1996. "On financing the internal enforcement of illegal immigration policies," Journal of Population Economics, Springer;European Society for Population Economics, pages 65-81.
    8. Hill, John K & Pearce, James E, 1990. "The Incidence of Sanctions against Employers of Illegal Aliens," Journal of Political Economy, University of Chicago Press, vol. 98(1), pages 28-44, February.
    9. Benhabib, Jess, 1996. "On the political economy of immigration," European Economic Review, Elsevier, vol. 40(9), pages 1737-1743, December.
    10. repec:fth:michin:449 is not listed on IDEAS
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    More about this item

    Keywords

    crime; illegal market; money laundering; usury.;

    JEL classification:

    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General

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