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| Tito Belchior Siva Moreira |
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| ''A Two-Period Model of Money Laundering and Organized Crime'' |
| ( 2007, Vol. 11 No.3 ) |
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| 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. |
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| Keywords: crime |
JEL:
K4 - Legal Procedure, the Legal System, and Illegal Behavior: General |
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| Manuscript Received : Aug 22 2007 | | Manuscript Accepted : Oct 08 2007 |
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