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2 Organization 12 2 The relationships in the monetary sector 14 2. 1 Balance sheets 14 2. 1 Private sector 14 2. 2 Money-creating institutions 16 2. 2 Balance sheet constraints 19 2. 3 The monetary model in outline 22 2. 4 The behavioural equations for the monetary sector 25 2.
Analyses of the capital market tended even less to draw attention to or inspire interest in the demographic element, despite the fact that the savings behaviour ofindividuals is also determined by their life cycle, an interest ing demographic detail.
Until the Second World War, the methods used in the Netherlands to collect data about these international relations were less than adequate. This role entails that the Bank must also answer the many requests for information about the underlying data and that, by analysis of these data, it must come to policy recommendations.
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