Money Laundering as a Crime in the Financial Sector: A New Approach to Quantitative Assessment, with an Application to Italy
提出一种新方法量化通过金融机构存入的现金中来自犯罪活动的比例，并应用于意大利，发现洗钱金额约占GDP的6%。
This study provides an answer to the question of how much cash deposited via a financial institution can be traced back to criminal activities, by developing a new approach to measure money laundering and proposing an application to Italy. We define a model of cash \nin-flows on current accounts considering, besides “dirty money” to be laundered, also the legal motivations to deposit cash and the role of the shadow economy. We find that the average amount of cash laundered in Italy is around 6% of GDP. These findings are coherent with estimates of the non-observed economy obtained in previous studies.