Even when Lars Svensson defines, for instance, «general or specific target rules» we see that he does not mean any sort of mechanical rule, but commitment to a framework that has been made more precise  4  See Avouyi-Dovi et al (2006) “LA function de demande de monnaie pour la zone euro:un réexamen » Notes d’Études et de Recherche du Banque d France.
5  Norges Bank (2005) “Inflation Report” no.1/2005, March. 6  Friedman, Benjamin (1990) “Targets and instruments of monetary policy” in B. Friedman and Frank Hahn (ed) “Handbook of Monetary Economics, Vol II, “, North-Holand. 7  Blinder, Alan (1998) “Central banking in theory and practice” The MIT Press, page 49. 8  Bernanke, Ben and Frederic Mishkin (1997) “ Inflation targeting.