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La demande de billets de valeurs faciales élevées et les activités financières souterraines

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  • Gilbert Koenig

Abstract

Cet article spécifie un cadre analytique permettant de déterminer la demande de grosses coupures qui, selon les travaux empiriques, émane essentiellement de l'économie souterraine. Cette demande permet d'alimenter une thésaurisation qui échappe à l'imposition et de financer des transactions qui du fait de leurs montants importants sont essentiellement financières. Malgré son caractère très stylisé, le modèle utilisé permet de fonder théoriquement des relations établies sur le plan empirique entre la demande de billets et des variables, comme la pression fiscale et les taux de rendements des actifs financiers. Il formalise également certains arguments et intuitions exprimés en termes littéraires sur le rôle de la moralité fiscale, des mesures de contrôle et du coût du blanchiment dans le développement de l'économie souterraine que traduit celui de la demande de billets. Sur la base des résultats ainsi obtenus, on analyse les mesures qui peuvent être envisagées par les autorités publiques pour agir sur le volume des grosses coupures offertes et demandées en vue d'influencer le développement des activités financières souterraines.
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Suggested Citation

  • Gilbert Koenig, 2004. "La demande de billets de valeurs faciales élevées et les activités financières souterraines," Recherches économiques de Louvain, De Boeck Université, vol. 70(4), pages 425-442.
    • Handle: RePEc:cai:reldbu:rel_704_0425
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance
    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law

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