Blinder, Alan S., Ehrmann, Michael, de Haan, Jakob, Fratzscher, Marcel, and Jansen, DavidJan (2008), “Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence”, Journal of Economic Literature, 46(4), 910-945. Boivin, Jean, and Giannoni, Marc (2006), “Has Monetary Policy Become More Effective?”, Review of Economics and Statistics, 88(3), 445-462.
I am convinced that tomorrow’s discussions will shed light on these and many other aspects of bond market development. 3/4  BIS central bankers' speeches  I wish you all fruitful discussions and an inspiring conference. Thank you to the South African Reserve Bank for hosting us and to you all for your attention. 4/4  BIS central bankers' speeches