文档介绍：Index I-19
Transactions United Kingdom Venture capital firms, 182, 183
adverse selection and moral haz- Bank of England, 349–350 Vertical axes, 88
ards, 174–175 EMS, 474 Virtual banks, 236. See also banks;
costs, 173–174 gold standard, 469 electronic banking
evolution of payments system, inflation, 11, 502–506 Visa, 51, 234
48–51 United States Volatile exchange rates, 455
forward, 436 electronic payment systems, 50 Volatility of bond returns, 78
highly leveraged transaction financial crises in, 191–192 Volcker, Paul, 425, 430, 655
loans, 274 financial regulation, 40–41
Keynesian approach, develop- foreign banks in, 256 Wage push, 594
ments in, 524–528 inflation rates, 11 Wage-setting processes, 653
matched sale-purchase, 400 nationwide banking, 245–250 Wall Street Journal, 72, 142
movement of, 521 1980s banking crisis, 273–276 “Credit Markets” column,
nontransaction deposits, 203 structure mercial banking 103–104
official reserve transaction bal- industry, 243–245 Currency Trading, 458
ance, 468 TIPS, 82 Forecasting Survey for 2003,
spot, 436 Unit of accounts, 46 111–112
Transmission mechanisms, 604, Universal banking, 251 foreign exchange rates, 437
616–626 Universal life insurance, 288 futures, 312
TRAPS (Trading Room Automated Unsecured debt, 172 options, 321, 326
Processing), 399 Unsterilized foreign exchange inter- stock prices, 159