Hassan F. Gholipour, Mohammed N. Abu Al-Foul, Elias Oikarinen
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引用次数: 0
Abstract
The debate over the impact of money laundering on real estate prices has become a pressing issue in recent years, particularly in developed economies. The aim of this study is to examine the relationship between anti-money laundering (AML) regulations and house prices in a sample of OECD countries over the period 2012–2023. Using panel fixed effects, two-stage least squares (2SLS), and the GMM regressions, while controlling for key macroeconomic determinants of house prices, the findings show that house prices are lower when AML regulations are stronger.
期刊介绍:
KYKLOS views economics as a social science and as such favours contributions dealing with issues relevant to contemporary society, as well as economic policy applications. Since its inception nearly 60 years ago, KYKLOS has earned a worldwide reputation for publishing a broad range of articles from international scholars on real world issues. KYKLOS encourages unorthodox, original approaches to topical economic and social issues with a multinational application, and promises to give fresh insights into topics of worldwide interest