... determinants of money growth often affect both sides, and demand and supply interact.2.2 MONEY SUPPLY AND MONETARY POLICY Money supply originates in the behaviour of the central bank and banks. ... this type of analysis, albeit in a stylised manner. See, for example, Brunner, K. and Meltzer, A.H., “Some Further Investigations of Demand and Supply Functions for Money”, Journal of Finance, ... the behaviour of banks has considerable implications for the macroeconomy. The examination of money and credit developments for the purposes of monetary analysis provides information on the...