Barone, Raffaella; Masciandaro, Donato; Schneider, Friedrich - 2019
This paper is the first to analyse the three-way relationship among money laundering, anti-money-laundering efforts and … being detected, then corruption represents a demand for money laundering (trigger effect), while money laundering can serve …, criminals can try to maximize the likelihood that anti-money-laundering activities will be ineffective. Corruption can be an …