Mr. Tom O'Connell:

Yes, I mean, a lot of econometric models would have a very limited financial sector, you know, because it's, it's difficult to model. I mean, you'd often have, say, things like a demand for money function and so on but the interactions between banks, I mean, interbank borrowing, interbank lending ... of course they're chopping and changing every day of the week, so, it is very difficult to capture that. So, usually in, in economic modelling, financial sectors are, are very ... they're stripped bare, largely. So, the ... you'd have ... you'd have a credit functioning ... figuring all right, and the money supply on the liability side but not an awful lot of interaction, you know, within the, the financial sector.