Showing 1 - 10 of 110
This paper is the first to analyse the three-way relationship among money laundering, anti-money-laundering efforts and corruption. On the one hand, if we assume that the goal of criminals involved in corruption is to minimize the probability of being detected, then corruption represents a...
Persistent link: https://www.econbiz.de/10012026444
Proceeds from illicit activities percolate into the legal economy through several channels. We exploit international regulations targeting money laundering via the financial sector to identify the flows of “dirty money” into legitimate establishments: business-based money laundering...
Persistent link: https://www.econbiz.de/10012507296
Anti-money laundering regulations have been centred on the "Know-Your-Customer" rule so far, overlooking the fact that criminal proceedings that need to be laundered are usually represented by cash. This is the first study which tries to provide an answer to the question of how much of cash...
Persistent link: https://www.econbiz.de/10009707557
goals with non-violent as compared to violent means, distinguishing terrorism from insurgencies. It is hypothesized that …
Persistent link: https://www.econbiz.de/10011286479
This contribution examines the role of capitalism in anti-American terrorism. Using data for 149 countries between 1970 …-American terrorism increases with external economic liberalization or decreases with higher levels of economic openness. However …, consistent with economic norms theory, higher levels of market-capitalism are associated with less anti-American terrorism …
Persistent link: https://www.econbiz.de/10010375158
We analyze the effect of income inequality on terrorism for a sample of 114 countries between 1985 and 2012. We provide …), that higher levels of income inequality are associated with more terrorism. Consistent with relative deprivation theory, we … terrorism to voice dissent and achieve a redistribution of wealth. Furthermore, we provide evidence of an indirect effect of …
Persistent link: https://www.econbiz.de/10011444494
of terrorism, as well as internal and external conflict is equivalent to as much as a 30 percent tariff on trade. This is …
Persistent link: https://www.econbiz.de/10011449640
We perform an empirical investigation of the macroeconomic consequences of international terrorism and interactions … panel growth regression analysis and a structural VAR model. We find that, on average, the incidence of terrorism may have … that associated with either external wars or internal conflict. As well, terrorism is associated with a redirection of …
Persistent link: https://www.econbiz.de/10011402576
, in order to mitigate concerns over selectivity of terrorism in particular areas. I empirically show that both terrorism … compare such political changes after successful attacks to those after failed attacks of the same type. I find that post-terrorism … acquisition as alternative explanations. This paper first empirically analyzes the driver of the rally effect of terrorism by …
Persistent link: https://www.econbiz.de/10013166156
This paper studies how an increase in the number of armed groups operating within an area affects the amount of organized political violence. We use plausible exogenous variation in the number of armed groups in Pakistan, by exploiting the split of a major group due to the natural death of its...
Persistent link: https://www.econbiz.de/10012231521