BOOK REVIEWS

Book reviewed in this article: Aggregate Theory and Policy: Studies in Economic Stabilization. Edited by Albert Ando , E. Cary Brown , and Ann F. Friedlaender . Aggregate Theory and Policy: Britain's Economic Prospects. By Richard E. Caves and Associates . Aggregate Theory and Policy: Why Growth Rates Differ. By Edward F. Denison . Aggregate Theory and Policy: Monetary Economics: Readings. Edited by Alan D. Entine . Aggregate Theory and Policy: The Costs of Economic Growth. By Ezra J. Mishan . Business Finance and Investments: Investment Decision-Making. By Albert I. A. Bookbinder . Business Finance and Investments: Investment Analysis and Portfolio Management. By Jerome B. Cohen and Edward D. Zinbarg . Business Finance and Investments: Financial Management and Policy. By James C. Van Horne . Business Finance and Investments: Basic Financial Management: Text, Problems and Cases. By Edward J. Mock , Robert E. Schultz , Raymond G. Schultz and Donald Hart Shuckett . Business Finance and Investments: The Management of Capital Expenditures. By Robert G. Murdick and Donald D. Deming . Financial Institutions and Markets: The Retail Price Structure in American Life Insurance. By Joseph M. Belth . Financial Institutions and Markets: Finances and Banking. Edited by Zdzislaw Fedorowicz . Financial Institutions and Markets: The Five-Year Outlook For Interest Rates. Edited by Herbert V. Prochnow . Financial Institutions and Markets: Mutual Savings Banks and Savings and Loan Associations. By Alan Teck . Financial Institutions and Markets: Money in the Computer Age. By F. P. Thomson . Financial Institutions and Markets: The Management of Cyclical Liquidity of Commercial Banks. By G. Walter Woodworth . International Finance: Trade Liberalization Among Industrial Countries. By Bela Balassa . International Finance: Studies in Trade Liberalization: Problems and Prospects for the Industrial Countries. By Bela Balassa and Associates . International Finance: Monetary Reform and The Price of Gold-Alternative Approaches. Edited by Randall Hinshaw . International Finance: Overseas Manufacturing Investment and the Balance of Payments. By G. C. Hufbauer and F. M. Adler . International Finance: The Open Economy: Essays on International Trade and Finance. Edited by Peter B. Kenen and Roger Lawrence . Public Finance: Illinois Municipal Finance. By Glenn W. Fisher and Robert P. Fairbanks . Public Finance: Budget Concepts for Economic Analysis. Edited by Wilfred Lewis , Jr .     

BOOK REVIEWS

Book reviewed in this article: Aggregate Theory and Policy; The New Inflation: Causes, Effects, Cures. By G. L. Bach . Aggregate Theory and Policy; The Theory of Macroeconomic Policy. By Nancy S. Barrett . Aggregate Theory and Policy; Some Cambridge Controversies in The Theory of Capital. By G. C. Harcourt . Aggregate Theory and Policy; Business Finance and Investments; Methodology in Finance—Investments. Edited by James L. Bicksler Aggregate Theory and Policy; The Measurement of Portfolio Risk Exposure. By Frank B. Campanella . Aggregate Theory and Policy; Modern Developments in Investment Management: A Book of Readings. Edited by James Lorie and Richard Brealey Aggregate Theory and Policy; Theory of Financial Markets. By Jan Mossin . Financial Institutions and Markets; Economics and Insurance: An Introduction to the Economic Aspects of Insurance By R. L. Carter . Financial Institutions and Markets; Inflation and Economic Development in Brazil 1946–1963. By Raouf Kahil . Financial Institutions and Markets; Socialist Banking and Monetary Control: The Experience of Poland. By T. M. Podolski . International Finance; Super Imperialism: The Economic Strategy of American Empire. By Michael Hudson . Public Finance; The Payroll Tax for Social Security. By John A. Brittain . Public Finance; Public Expenditure Analysis: Selected Readings. Edited by Balbir S. Sahni .     

BOOK REVIEWS

Book reviewed in this article: Aggregate Theory and Policy: Macroeconomics: Income and Monetary Theory. By Joseph Aschheim AND Cheng -Yao Hsieh . Aggregate Theory and Policy: The Brookings Model: Some Further Results. Edited by James S. Duesenberry , Gary Fromm , Lawrence R. Klein, and Edwin Kuh . Aggregate Theory and Policy: Macroeconomic Activity: Theory, Forecasting, and Control. By Michael K. Evans . Aggregate Theory and Policy: An Introduction to Macroeconomic Models. By K. C. Kogiku . Aggregate Theory and Policy: On Keynesian Economies and the Economies of Keynes. By Axel Leijonhufvud . Aggregate Theory and Policy: The Growing Economy. By James E. Meade . Aggregate Theory and Policy: Six Papers on the Size Distribution of Wealth and Income. Studies in Income and Wealth, Volume 33. Edited by Lee Soltow . Business Finance and Investments: Fund Accounting. By Harry D. Kerrigan . Business Finance and Investments: Theory of Financial Structure. By Glen A. Mumey . Business Finance and Investments: The Economies of Computers. By William F. Sharpe . Business Finance and Investments: Rate of Return Under Regulation: New Directions and Perspectives. Edited by Harry M. Trebing and R. Hayden Howard . Business Finance and Investments: Real Estate Investment Analysis and Taxation. By PAUL F. Wendt and Alan R. Cerf . Business Finance and Investments: Readings in Investment Analysis. Edited by David A. West . Financial Institutions and Markets: The Credit Market, Investment Planning and Monetary Policy—An Econometric Study of Manufacturing Industries. By Gunnar Eliasson . Financial Institutions and Markets: Financial Structure and Development. By Raymond W. Goldsmith . Financial Institutions and Markets: Tax Reform Act of 1969: A Consideration of Provisions Affecting Commercial Banks. By Carter H. Golembe Associates . Financial Institutions and Markets: The Future of Thrift Institutions: A Study of Diversification Versus Specialization. By Leo Grebler . Financial Institutions and Markets: Money, Banking and the Nation's Income. By David T. Lapkin . Financial Institutions and Markets: The London Discount Market. By W. M. Scammel . International Finance: The Economies of Foreign Aid. By Raymond F. Mikesell . International Finance: The Return to Gold, 1925: The Formulation of Economic Policy and Its Critics. By D. E. Moggridge . International Finance: Monetary Problems of the International Economy. Edited by Robert A. Mundell and Alexander K. Swoboda . International Finance: Money and the Balance of Payments. By Tibor Scitovsky . Public Finance: Alternative Approaches to Capital Gains Taxation. By Martin David . Public Finance: Unemployment, Idle Capacity, and the Evaluation of Public Expenditures: National and Regional Analyses. By Robert H. Haveman and John V. Krutilla . Public Finance: Fiscal Systems. By Richard A. Musgrave . Public Finance. By CARL S. Shoup . Public Finance: The Individual Income Tax and Economic Growth: An International Comparison. By Vito Tanzi . Public Finance: Fiscal Systems and Practices in Asian Countries. By Angel O. Yoingco and Ruben F. Trinidad .     

BOOK REVIEWS

Book Reviews in this Article: Aggregate Theory and Policy: Quantitative Planning of Economic Policy. Edited by Bert G. Hickman . Aggregate Theory and Policy: Employment Policy and the Labor Market. Edited by Arthur M. Ross . Business Finance and Investments: Business Finance. By Louis K. Brandt . Business Finance and Investments: Frontiers of Investment Analysis. Edited by E. Bruce Frederickson . Business Finance and Investments: Business Finance: The Management Approach. By Richards C. Osborn . Business Finance and Investments: The Great Boom and Panic. By Robert T. Patterson . Financial Institutions and Markets: The Flow of Capital Funds in the Postwar Economy. By Raymond W. Goldsmith . National Bureau of Economic Research. Financial Institutions and Markets: The Federal Reserve and the American Dollar: Problems and Policies, 1946–1964. By James L. Knipe . Financial Institutions and Markets: Financing Real Estate. By Sherman J. Maisel . Financial Institutions and Markets: Time Deposit Growth and the Employment of Bank Funds. By George R. Morrison and Richard T. Selden . Financial Institutions and Markets: Money and Banking. By John G. Ranlett . International Finance: Foreign Dollar Loans In Europe. By Paul Einzig . Public Finance: Federal Lending and Economic Stability. By George F. Break . Public Finance: Financing State and Local Governments. By James A. Maxwell . Public Finance: The Tax on Value Added. By Clara K. Sullivan .     

BOOK REVIEWS

Book reviewed in this article: Aggregate Theory and Policy: A Century of Pay. By E. H. Phelps Brown with Margaret H. Browne . Aggregate Theory and Policy: Targets and Indicators of Monetary Policy. Edited by Karl Brunner . Aggregate Theory and Policy: Bankers' Diplomacy: Monetary Stabilization in the Twenties. By Richard H. Meyer . Aggregate Theory and Policy: Industrial Market Structure and Economic Performance. By Frederic M. Scherer . Aggregate Theory and Policy: The Political Economy of Prosperity. By Arthur M. Okun . Aggregate Theory and Policy: Setting National Priorities: The 1971 Budget. By Charles L. Schultze with Edward K. Hamilton and Allen Schick . Aggregate Theory and Policy: Economic Forecasting. By Herman O. Stekler . Business Finance and Investments: An Integrated Analysis For Managerial Finance. By M. Chapman Findlay , III, and Edward E. Williams . Business Finance and Investments: Cases in Managerial Finance. By Eugene F. Brigham , Timothy J. Nantell , Robert T. Aubey , and Stephen L. Hawk . Business Finance and Investments: The Predictability of Stock Market Prices. By C. W. J. Granger and O. Morgenstern . Financial Institutions and Markets: Banking in the 1970's. By The Institute of Bankers . Financial Institutions and Markets: Mutual Funds and Other Institutional Investors: A New Perspective. By Irwin Friend , Marshall Blume and Jean Crockett . Financial Institutions and Markets: Economic Factors in the Growth of Corporation Giving. By Ralph L. Nelson . International Finance: National Interests and the Multinational Enterprise. By Jack N. Behrman . International Finance: The Joint Venture Process in International Business: India and Pakistan. By James W. C. Tomlinson . International Finance: The Case Against Floating Exchanges. By Paul Einzig . International Finance: Forward Exchange and Internal-External Equilibrium (Michigan International Business Studies Number 12), by Jay H. Levin . International Finance: The Technology Factor in International Trade. Edited by Raymond Vernon . Public Finance: Education, Income, and Human Capital. Edited by W. Lee Hansen . Public Finance: Psychological Approaches to the Study of Saving. By Folke Olander and Carl -Magnus Seipel . Public Finance: Halfway to Tax Reform. By Joseph A. Ruskay and Richard A. Osserman . Public Finance: Public Investment Planning in Civilian Nuclear Power. By John M. Vernon .     

BOOK REVIEWS

Book reviewed in this article: Aggregate Theory and Policy: Population, Labor Force, and Long Swings in Economic Growth. By Richahd A. Easterlin . Aggregate Theory and Policy: Policy Simulations With An Econometric Model. By Gary Fromm and Paul Taub-man . Aggregate Theory and Policy: The Neutralized Money Stock: An Unbiased Measure of Federal Reserve Policy Actions. By Patric H. Hendershott . Aggregate Theory and Policy: Consumer Response to Income Increases. By George Katona and Eva Mueller . Aggregate Theory and Policy: The Demand for Money: Theories and Evidence. By David E. W. Laidler . Aggregate Theory and Policy: National Economic Policy: The Presidential Reports. Edited with commentary by Reuben E. Slesinger . Business Finance and Investments: Producer, Consumer, and Social Choice. By O. H. Brownlee and John A. Buttrick . Business Finance and Investments: The Theory of the Firm: Production, Capital, and Finance. By Douglas Vickers . Financial Institutions and Markets: Index-Linked Debts. By Pekka Ahtiala . Financial Institutions and Markets: Proceedings of a Conference on Bank Structure and Competition. Financial Institutions and Markets: The Money Men of Europe. By Paul Ferris . Financial Institutions and Markets: Money and Plan. Edited by Gregory Grossman . Financial Institutions and Markets: Money, Flow of Funds, and Economic Activity. By Nathaniel Jackendoff . Financial Institutions and Markets: Savings and Residential Financing: 1968 Conference Proceedings. Edited by Donald P. Jacobs and Richard T. Pratt . Financial Institutions and Markets: Investment Policies of Life Insurance Companies. By Lawrence D. Jones . Financial Institutions and Markets: Commercial Banking in the Economy. By Paul S. Nadler . Financial Institutions and Markets: Elementary Monetary Theory. By Harlan M. Smith . Financial Institutions and Markets: Elements of Monetary Policy. By Thomas Mayer . Financial Institutions and Markets: The Comptroller and Bank Supervision. By Ross M. Robertson . Financial Institutions and Markets: Commercial Bank Entry Into Revenue Bond Underwriting: Competitive Impact and Public Benefits. By Wm . Paul Smith . Financial Institutions and Markets: Panic on Wall Street: A History of America's Financial Disasters. By Robert Sobel . Financial Institutions and Markets: The Demand for Money in Norway. By Edward M. Syring , Jr . International Finance: Financing Economic Development: Fiscal Policy for Emerging Countries. By Robert B. Bangs . International Finance: The International Bond Market in the 1960's: Its Development and Operation. By John F. Chown and Robert Valentine . International Finance: The Economics of Interdependence: Economic Policy in the Atlantic Community. By Richard N. Cooper . International Finance: A Monetary General Equilibrium Theory for an International Economy. By Per Meinich . International Finance: Development Policy—Theory and Practice. Edited by Gustav F. Papanek . International Finance: Effects of U.K. Direct Investment Overseas: An Interim Report. By W. B. Reddaway in collaboration with J. O. N. Perkins , S. J. Potter and C. T. Taylor . International Finance: Effects of U.K. Direct Investment Overseas: Final Report. By W. B. Reddaway in collaboration with S. J. Potter and C. T. Taylor . Public Finance: A Comprehensive Income Tax Base? A Debate. By Boris I. Bittker , Charles O. Galvin , R. A. Musgrave , and Joseph A. Pechman . Public Finance: Financial Institutions and Markets: Social Security: Perspectives for Reform. By Joseph A. Pechman , Henry J. Aaron , and Michael K. Taussig . Public Finance: The Personal Exemptions in the Income Tax. By Lawrence H. Seltzer . Public Finance: Federal-State-Local Fiscal Relationship: A Symposium.     

BOOK REVIEWS

Book reviewed in this article: Aggregate Theory and Policy: Technology, Economic Growth, and Public Policy. By Richard R. Nelson , M. J. Peck , and E. D. Kalachek . Aggregate Theory and Policy: Economic Behavior of the Affluent. By Robin Barlow , Harvey E. Brazer and James N. Morgan . Business Finance and Investments: The Theory of Business Finance: A Book of Readings. Edited by Stephen H. Archer and Charles A. D' Ambrosio . Business Finance and Investments: C.F.A. Readings in Financial Analysis (First Edition). By The Institute of Chartered Financial Analysis . Business Finance and Investments: Corporate Dividend Policy. By John A. Brittain . Business Finance and Investments: Credit Management. By Robert Bartels . Financial Institutions and Markets: Regulation of Interest Rates on Bank Deposits. By Albert H. Cox , Jr . Financial Institutions and Markets: Politics and the Regulatory Agencies. By William L. Cary . Financial Institutions and Markets: Monetary Theory and Policy. By Richard A. Ward . Financial Institutions and Markets: The Currencies and Financial System of Mainland China. By Tadao Miyashita . International Finance: Economic Policies Toward Less Developed Countries. By Harry G. Johnson . International Finance: International Aid: An Introduction to the Problem of the Flow of Public Resources from Rich to Poor Countries. By I.M.D. Little and J. M. Clifford . International Finance: Public International Lending for Development. By Raymond F. Mikesell . International Finance: International Financial Aid. By Wolfgang G. Feiedmann , George Kalmanoff and Robert Meagher . Public Finance: Public Economics. By Leif Johansen . Public Finance: Studies in the Economics of Income Maintenance. Edited by Otto Eckstein .     

BOOK REVIEWS

Book reviewed in this article: Aggregate Theory and Policy: Modern Capital Theory. By Donald Dewey . Aggregate Theory and Policy: Readings in Macroeconomics. Edited by M. G. Mueller . Aggregate Theory and Policy: National Economic Policy. By James Tobin . Business Finance and Investments: Business Finance: Theory and Management. By Stephen H. Archer and Charles A. D'Ambrosio . Business Finance and Investments: The Economics of Corporate Finance. By Seymour Friedland . Business Finance and Investments: Efficiency of Investment in a Socialist Economy. Edited by Mieczystaw Rakowski . Financial Institutions and Markets: Money and Finance: Readings in Theory, Policy, & Institutions. Edited by Deane Carson . Financial Institutions and Markets: Commercial Bank Behavior and Economic Activity: A Structural Study of Monetary Policy in the Postwar United States. By Stephen M. Goldfeld . International Finance: Financing African Development. Edited by Tom J. Farer . International Finance: Central Banking in the Commonwealth. By J. Obasanmi Olakanpo . International Finance: International Monetary Relations: Theory, History, and Policy. By Leland B. Yeager . Public Finance: Federal Budget Projections. By Gerhard Colm and Peter Wagner .     

BOOK REVIEWS

Book reviewed in this article: Aggregate Theory and Policy Economics on a New Frontier. By E. Ray Canterbery . Financial Policies in Transition: A Critique of Selected Issues, 1967. Edited by Thomas O. Depperschmidt . Forecasting and Recognizing Business Cycle Turning Points. By Rendigs Fels and C. Elton Hinshaw . The Demand for Money. By William J. Frazer , Jr . Public Policies and Private Investments. By John F. Helliwell . Macroeconomic Readings. Edited by John Lindauer . Monetary Policy in the United States. By Thomas Mayer . Prices: Issues in Theory, Practice, and Public Policy. Edited by Almarin Phillips and Oliver E. Williamson . Business Finance and Investments Accounting for Extraordinary Gains and Losses. By Leopold A. Bernstein . Investment and the Return to Equity Capital in the South African Gold Mining Industry, 1887–1965: An International Comparison. By S. Herbert Frankel . Dividend Policy and Enterprise Evaluation. By James E. Walter . Theory of Business Finance—Advanced Readings. Edited by J. Fred Weston and Donald H. Woods . Financial Institutions. By Raymond W. Goldsmith . Capital Markets and Institutions. By Herbert E. Dougall . Nine Leading Stock Exchanges. By Wilford J. and Sylvia C. Eiteman . The Regulation of Deposit Interest Rates. By Charles F. Haywood and Charles M. Linke . The Theory and Practice of Nonpar Banking. By Paul F. Jessup . The Impact of Computers on Banking. By James A. O'Brien . Prospects for the Savings and Loan Industry to 1975. By Edward E. Williams , Jr . International Finance Foreign Exchange Crises. By Paul Einzig . Imports of Manufactures from Less Developed Countries. By Hal B. Lary . An Econometric Model of Canada Under Fluctuating Exchange Rates. By Lawrence H. Officer . Public Finance The Demand and Supply of Public Goods. By James Buchanan . Financing Latin American Housing. By Sean M. Elliott . Federal Programs for the Development of Human Resources, A Compendium of Papers (2 volumes). Joint Economic Committee , Congress of the United States . Financial Institutions and Markets Costs in Commercial Banking: A Quantitative Analysis of Bank Behavior and Its Relation to Bank Regulation. By Frederick W. Bell and Neil B. Murphy .     

BOOK REVIEWS

Book reviewed in this article: Aggregate Theory and Policy: Federal Reserve Monetary Policy, 1917-1933. By Elmer R. Wicker . Biddle's Bank: The Crucial Years. By Jean Alexander Wilburn . Business Finance and Investment: The Capital Expenditure Decision. By G. David Quirin . Cases in Financial Decision Making. By Richard L. Norgaard and Donald E. Vaughn . Business Financial Management. By Gilbert W. Cooke and Edwin C. Bomeli . Financial Institutions and Markets: Trends in Corporate Quality. By Thomas R. Atkinson , with the assistance of Elizabeth T. Simpson . The Consumer Finance Industry: Its Costs and Regulation. Edited by John M. Chapman and Robert P. Shay . Money, Banking and the Economy. By John A. Cochran . Issues in Banking and Monetary Analysis. Edited by Giulio Pontecorvo , Robert P. Shay , and Albert G. Hart . Money and Economic Activity: Readings in Money and Banking, 3rd ed. Edited by Lawrence S. Ritter . International Finance: Fiscal and Monetary Problems in Developing States: Proceedings of the Third Rehovoth Conference. Edited by David Krivine .     

BOOK REVIEWS

Book reviewed in this article: Aggregate Theory and Policy: Capital and Growth. By John R. Hicks . Aggregate Theory and Policy: Essays in Monetary Policy in Honor of Elmer Wood. Edited by Pinkney C. Walker . Business Finance and Investments: Financial Accounting Theory. By Harold Bierman , Jr . Business Finance and Investments: Investment Decisions and Capital Costs. By James T. S. Porterfield . Financial Institutions and Markets: The Financial Sector and Economic Development: The Mexican Case. By Robert L. Bennett . Financial Institutions and Markets: Valuations of Securities as of December 31, 1965. By Committee on Valuation of National Association of Insurance Commissioners . Financial Institutions and Markets: Analytics and Institutions of Money and Banking. By William J. Frazer , Jr . and William P. Yohe . Financial Institutions and Markets: How to Analyze a Bank Statement. By F. L. Garcia . Financial Institutions and Markets: Cycles in Government Securities: Determinants of Changes in Ownership. By Michael E. Levy . Financial Institutions and Markets: California Banking in a Growing Economy: 1946–1975. Edited by Hyman P. Minsky . Financial Institutions and Markets: Government Securities Market. By Ira O. Scott , Jr . Financial Institutions and Markets: Readings in Money, National Income, and Stabilization Policy. Edited by Warren L. Smith and Ronald L. Teigen . International Finance: Foreign Exchange, Capital Flows, and Monetary Policy. By E. Ray Canterbery . International Finance: International Finance. By Richard Ward . International Finance: Report of the Study Group on the Creation of Reserve Assets: Report to the Deputies of the Group of Ten. Public Finance: Development Finance: Planning and Control. By Ursula K. Hicks . Public Finance: Federal Budget Policy. By David J. Ott and Attiat F. Ott . Public Finance: Pros and Cons of the Property Tax. By Dick Netzer . Public Finance: Fiscal Neutrality Toward Economic Growth: Analysis of a Tax Principle. By Edmund S. Phelps .     

BOOK REVIEWS

Book reviewed in this article: Aggregate Theory and Policy; The Money Supply Process. By Albert E. Burger . Macroeconomics. By Robert L. Crouch . The Term Structure of Interest Rates. By Charles R. Nelson . The Economic Theory of Fiscal Policy. By Alan Peacock and G. K. Shaw . Money and Capacity Growth. By Jerome L. Stein . Business Finance and Investments; Security Prices in a Competitive Market: More about Risk and Return from Common Stocks. By Richard A. Brealey . Portfolio Theory and Capital Markets. By William F. Sharpe . Financial Planning and Management-A Budgetary Approach. By Donald E. Vaughn , Richard L. Norgaard , and Hite Bennett . Financial Institutions and Markets; Housing and Monetary Policy. New Series on Home Mortgage Yields since 1951. By Jack M. Guttentag and Morris Beck . Business Loan Costs and Bank Market Structure: An Empirical Estimate of Their Relations. By Donald P. Jacobs . The Economics of the Stock Market. By Richard R. West and Seha M. Tinic . International Finance; Essays in International Economics. By J. Marcus Fleming . Public Finance; The Measurement of Fiscal Policy. By Barry Bracewell -Milnes . Public Expenditure. By Jesse Burkhead and Jerry Miner .     

BOOK REVIEWS

Book reviewed in this article: Aggregate Theory and Policy: Money Supply, Money Demand, and Macroeconomic Models. By John T. Bookman and Thomas M. Havrilesky . Money and Banking. By Richard H. Timberlake , Jr . and Edward B. Selby , Jr . Security Analysis and Portfolio Management. By Steven E. Bolten . Analysis for Financial Management By Louis K. Brandt . Managerial Finance for the Seventies. By Thomas C. Committe . Investments: Analysis and Management. By Jack Clark Francis . Take-Overs: Their Relevance to the Stock Market and the Theory of the Firm. By Ajit Singh . The Prediction of Profitability, and Other Studies of Company Behaviour. By Geoffrey Whittington . Financial Institutions and Markets: Inside the Money Market. By Wesley Lindow . The Stock Market in Greece: A Statistical Analysis. By N. A. Niarchos . Public Finance; The Impact of Taxes on the American Economy. By Lester C. Thurow . International Finance: Trade, Balance of Payments, and Growth, Papers in International Economics in Honor of Charles P. Kindleberger. Edited by J. N. Bhagwati , R. W. Jones , R. A. Mundell , J. Vanek .     

BOOK REVIEWS

Book reviewed in this article: AggregatJJ Theory and Policy Income and Wealth. By Edward Ames . Controlling Monetary Aggregates: Proceedings of the Monetary Conference Held on Nantucket Island, June 8–10, 1969. Sponsored by the Federal Reserve Bank of Boston Essays on Interest Rates, Volume I. Edited by Jack M. Guttentag and Phillip Cagan Business Finance and InvestmentsAn Introduction to Risk and Return from Common Stocks. BY Richard A. Brealey . Capital Allocation Theory: The Study of Investment Decisions. By Gerald A. Fleischer . Quantitative Analysis of Financial Decisions. By James C. T. Mao . Microeconomics and Decision Models of the Firm. By Thomas H. Naylor and John M. Vernon . Financial Institutions and MarketsModern Techniques in Bank Management. Edited by Douglas V. Austin and Gene S. Booker . The Price of Money, 1946 to 1969: An Analytical Study of United States and Foreign Interest Rates. By Sidney Homer and Richard I. Johannesen . Innovations in Bank Management: Selected Readings. Edited by Paul F. Jessup . The Federal Home Loan Bank Board. By Thomas B. Marvell . Municipal Bond Finance and Administration: A Practical Guide to the Analysis of Tax Exempt Securities. By Alan Rabinowitz . Readings in Financial Markets and Institutions. Edited by J. Van Fenstermaker . International FinanceResource Flows to Less Developed Countries. By Clive S. Gray . A Structural Model of the U.S. Balance of Payments. By Martin F. J. Prachowny . Amsterdam and London: North-Holland, 1969. Pp. 176. $9.50. Readings in International Financial Management. Edited by Arthur I. Stonehill . International Financial Management. By David B. Zenoff and Jack Zwick Public FinanceTaxes and Politics: A Study of Illinois Public Finance. By Glenn W. Fisher . The Taxation of Income from Capital. Edited by Arnold C. Harberger and Martin J. Bailey . Commonwealth-State Financial Relations in Australia. By James A. Maxwell . Tax Impacts on Compensation. Sponsored by Tax Institute of America     

BOOK REVIEWS

Book reviewed in this article: Aggregate Theory and Policy: The Theory and Empirical Analysis of Production, Studies in Income and Wealth, Volume 31. Edited by Murray Brown . Europe's Postwar Growth. by Charles P. Kindleberger . Information, Expectations, and Inventory Fluctuation, NBER Studies in Business Cycles Number 16. By Ruth Mack . The Wage-Price Guideposts. By John Sheahan . Essays on the Theory of Optimal Economic Growth. Edited by Karl Shell . Depreciation Policies and Resultant Problems. By William T. Hogan , S.J. Survey of Investments. By Donald E. Vaughn . Financial Institutions and Markets: The Future of Small Banks: An Analysis of Their Ability to Compete with Large Banks. By Ernest Kohn . The Wealth of the Nation. By Jack Revell . International Finance: Financing and Problems of Development Banking. By J. T. Dock Houk . Maintaining and Restoring Balance in International Payments. By William Fellner , Fritz Machlup , Robert Triffin , and Eleven Others. The Teaching of Development Economics. Edited by Kurt Martin and John Knapp . Public Finance: Metropolitan America: Fiscal Patterns and Governmental Systems. By Alan K. Campbell and Seymour Sacks . Property Taxation, U.S.A. Edited by Richard W. Lindholm . The Property Tax: Problems and Potentials. A Symposium. Economic Evaluation of Urban Renewal. By Jerome Rothenberg     

BOOK REVIEWS

Book reviewed in this article: Aggregate Theory and Policy: Unemployment, Money Wage Rates, and Inflation. By George L. Perry . Monetary and Fiscal Policy. By Harold A. Wolf . Business Finance and Investments: The Corporate Merger. Edited by William W. Alberts and Joel E. Segall . Corporate Financial Reporting in a Competitive Economy. By Herman W. The Elusive Art of Accounting: A Brash Commentary on Financial Statements. By Howard Ross . Capital Budgeting: Current Practices and Their Efficiency. By George A. Christy . Investment Efficiency in a Socialist Economy. By Henryk Fiszel . The Management of Business Finance. By Paul G. Hastings . Financial Analysis of Investment Alternatives. By Raymond R. Mayer . Readings in Finance. Edited by Harold A. Wolf and Lee Richardson . Financial Institutions and Markets: Pension Funds: Measuring Investment Performance. By Peter O. Dietz . International Finance: Exchange-Rate Devaluation in a Semi-Industrialized Country: The Experience of Argentina 1955–1961. By Carlos F. Díaz Alejandro . International Liquidity: A Study in the Economic Functions of Gold. By Ian Shannon . Public Finance: A Capital Budget Statement for the U.S. Government. By Manard S. Comiez . Federal Tax Policy. By Joseph A. Pechman .     

BOOK REVIEWS

Book reviewed in this article: Aggregate Theory and Policy; Money and Banking By Douglas Fisher . The Economics of Corporation Finance. By Sergei P. Dobrovolsky . Portfolio Analysis. By Jack Clark Francis and Stephen H. Archer . The Analytical Theory of Finance. By William H. Jean . Security Analysis and Portfolio Management. By Henry A. Latan É and Donald L. Tuttle . Managerial Finance: A Systems Approach. By Eugene M. Lerner . Financial Performance of Conglomerates. By Henry H. Lynch . Portfolio Management. By Keith V. Smith Investments: New Analytic Techniques. By J. Peter Williamson . Financial Institutions and Markets; Banking Markets and Financial Institutions. Edited by Thomas G. Gies and Vincent P. Apilado . The Ownership Income of Management. By Wilbur G. Lewellen . Economics of the Canadian Corporate Bond Market, by J. Ross Peters . The Electronic Money: Evolution of an Electronics Funds-Transfer System. By Dennis W. Richardson .     

BOOK REVIEWS

Book reviewed in this article: Stabilization Policies in Interdependent Economies. Edited by Emil Claassen and Pascal Salin . Government Spending and Land Values—Public Policy and Private Gain. Edited by C. Lowell Harriss . Permanent Income, Wealth and Consumption. By Thomas Mayer . Security Evaluation and Portfolio Analysis. Edited by Edwin J. Elton and Martin J. Gruber . The Theory of Finance. By Eugene F. Fama and Merton H. Miller . The Theory of Financial Decisions. By Charles W. Haley and Lawrence D. Schall . Mathematical Methods in Investment and Finance. Edited by G. P. Szego and Karl Shell Financial Development and Economic Growth: The Consequences of Underdeveloped Capital Markets. Edited by Arnold Sametz . The International Money Game. By Robert Z. Aliber . European Capital Markets: Towards a General Theory of International Investment. By Bruno H. Solnik .     

BOOK REVIEWS

Book reviewed in this article: Macroeconomic Theory and Policy. By William H. Branson . Money and Banking. By John M. Culbertson . Monetary and Fiscal Policy in a Growing Economy. By Duncan K. Foley and Miguel Sidrauski . The Current Inflation. Edited by Harry G. Johnson and A. R. Nobay . Investment: The Study of an Economic Aggregate. By Philip J. Lund . Money Matters. By A. James Meigs . The Business Cycle Today. Edited by Victor Zarnowitz . Essays in the Theory of Risk-Bearing. By Kenneth J. Arrow . Capital Budgeting: The Public and Private Sectors. By A. James Boness . The Repurchase of Common Stock. By Charles D. Ellis and Allen E. Young . Investment and Portfolio Analysis. By Haim Levy and Marshall Sarnat . Monetary Policy and the Federal Funds Market. By James M. Boughton . Finance and Economic Development in the Old South: Louisiana Banking 1804–1861. By George D. Green . Banking and Economic Development: Some Lessons of History. Edited by Rondo Cameron . The Eurodollar. Edited by Herbert V. Prochnow . Fiscal Federalism. By Wallace E. Oates .