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: Working Capital Management. By V. E. Ramamoorthy Fundamentals of Investments. By Richard A. Stevenson and Edward H. Jennings The Economic Efficiency of Financial Markets. By Jan Mossin How Corporate and Municipal Debt is Rated: an Inside at Standard and Poor's Rating System. By Hugh C. Sherwood Money, Credit and Expenditure: A Sources and Uses of Funds Approach. By James S. Earley , Robert J. Parson, and Fred A. Thompson Discretionary Control of Aggregate Economic Activity. By Kenneth D. Garbade Monetary Interdependence and International Monetary Reform. By Paul De Grauwe . Westmead John Maynard Keynes. By Hyman P. Minsky Selected Economic Writings of William J. Baumol. Edited by: Elizabeth E. Bailey The Evolution of Giant Firms in Britain. By S. J. Prais     

Book Reviews

Book reviewed in this article: Cases on Financial Institutions. By DIXON C. CUNNINGHAM, CHARLES O. MEIBURG and MICHAEL C. WALKER Portfolio Theory, 25 Years After. Edited by E. J. ELTON and M. J. GRUBER A Treatise on Markets, Spot, Futures, and Options. By JOSEPH M. BURNS Stabilization of International Commodity Markets. By PAUL HALLWOOD International Lending, Risk & the Euromarkets. By ANTHONY ANGELINI, MAXIMO ENG and FRANCIS A. LEES College Financial Management. By E. EUGENE CARTER Fundamentals of Finance. By RICHARD A. STEVENSON New Sources of Capital for the Savings and Loan Industry: Proceedings of the Fifth Annual Conference.     

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: MacroEconomic Theory: A Mathematical Treatment. By R. G. D. Allen . Aggregate Theory and Policy: acroeconomic Theory and Stabilization Policy. By John M. Culbertson . Aggregate Theory and Policy: Economic Planning and Policies in Britain, France and Germany. By Malcolm Mac Lennan , Murray Forsyth and Geoffrey Denton . Aggregate Theory and Policy: The Job Content of the U.S. Economy, 1940–1970. By James G. Scoville . Aggregate Theory and Policy: Readings in the Modern Theory of Economic Growth. Edited by Joseph E. Stiglitz and Hirofumi Uzawa . Aggregate Theory and Policy: 4 Monetary Policy for Latin America. By Pierre Uri , together with Nicholas Kaldor , Richard Ruggles , and Robert Triffin . Aggregate Theory and Policy: lue, Capital, and Growth: Papers in Honour of Sir John Hicks. Edited by J. N. Wolfe . Business Finance and Investments: Risk and Uncertainty: Proceedings of a Conference Held by the International Economic Association. Edited by Karl Borch and Jan Mossin . Business Finance and Investments: Personal Trust Investment Management. C. F. A. Research Foundation (Monograph Series Number 2). Business Finance and Investments: Managerial Finance. By Salomon J. Flink and Donald Grunewald . Business Finance and Investments: Theory of Valuation. By Charles L. Hubbard and Clark A. Hawkins . Business Finance and Investments: Business Combinations: Planning and Action. By Arthur . Wyatt and Donald E. Kiesos . Business Finance and Investments: Capital Budgeting: The Economic Evaluation of Investment Projects. By William H. Jean . Business Finance and Investments: The Cost of Capital. By Wilbur G. Lewellen . Business Finance and Investments: Measuring the Investment Performance of Pension Funds for the Purpose of Inter-Fund Comparison. By James Lorie Business Finance and Investments: Decision Analysis: Introductory Lectures on Choices Under Uncertainty. By Howard Raiffa . Business Finance and Investments: Guide to Convertible Securities. By William Schwartz and Julius Spellman . Business Finance and Investments: Corporation Finance, Policy, Planning, Administration. By Paul M. Van Arsdell . Financial Institutions and Markets: Competition and Controls in Banking. By David A. Alhadeff . Financial Institutions and Markets: Investment Banking and the New Issues Market. By Irwin Friend , James R. Longstreet , Morris Mendelson , Ervin Miller , and Arleigh P. Hess , Jr . Financial Institutions and Markets: The New York Money Market and the Finance of Trade, 1900–1913. By C. A. E. Goodhart . Financial Institutions and Markets: A Study of Wholesale Banking Behavior. By Neil B. Murphy . Financial Institutions and Markets: The Organization of Industry. By George J. Stigler . Financial Institutions and Markets: Mutual Savings Banks: The Evolution of a Financial Intermediary. By Weldon Welfling . International Finance: Financial Capital Flows in the U.S. Balance of Payments. By William H. Branson . International Finance: Readings in the Euro-Dollar. Edited by Eric Chalmers . International Finance: American Business Abroad: Six Lectures on Direct Investment. By Charles P. Kindleberger . International Finance: Toward an Orderly Market: An Intensive Study of Japan's Voluntary Quota in Cotton Textile Imports. By John Lynch . Public Finance: Nigerian Federal Finance. By Adebayo Adede ji . Public Finance: Governmental Problem-Solving: A Computer Simulation of Municipal Budgeting. By John P. Crecine . Public Finance: Budgeting Public Funds: The Decision Process in an Urban School District. By Donald Gerwin . Public Finance: State and Local Tax Problems. Edited by Harry L. Johnson . Public Finance: Public Expenditures in Communist and Capitalist Nations. By Frederic L. Pryor . Public Finance: The Metropolitan Enigma: Inquiries into the Nature and Dimensions of America's “Urban Crisis.” Edited by James Q. Wilson .     

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: 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: 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: 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: 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: Controlling Monetary Aggregates II: The Implementation. Money, the Financial System, and the Economy. By George G. Kaufman . An Introduction to Applied Macroeconomics. By Edwin Kuh and Richard L. Schmalensee Econometric Studies of Macro and Monetary Relations. Edited by Alan A. Powell and Ross A. Williams . Financial Decision Making. By R. L. Johnson . Finance: Environment and Decisions. By George A. Christy and Peyton Foster Roden . The Stock Market: Theories and Evidence. By James H. Lorie and Mary T. Hamilton . The Capital Market in Israel. By Haim Ben -Shahar , Saul Bronfeld and Alexander Cukierman . The Economic Implications of an Electronic Monetary Transfer System. By Mark J. Flannery and Dwight M. Jaffee . World Trade and Payments. By Richard E. Caves and Ronald W. Jones . The Valuation of Nationalized Property in International Law, Volume II. Edited by Richard B. Lillich . Money and Capital in Economic Development. By Ronald Mc Kinnon Financing Modern Government: The Political Economy of the Public Sector. By William H. Anderson Government Finance: Economics of the Public Sector, 5th Edition. By John F. Due and Ann F. Friedlander Benefit Cost Analysis. 1971. Edited by A. C. Harberger The Budget's New Clothes. By Leonard Merewitz and Stephen H. Sosnick     

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: Household Capital Formation and Financing, 1897–1962. By F. Thomas Juster . Money and Conquest: Allied Occupation Currencies in World War II. By Vladimir Petrov . Prosperity and Unemployment. Edited by Robert A. Gordon and Margaret S. Gordon . Toward Full Employment in Our Free Enterprise Society. By Morris A. Copeland . Regional Accounts for Policy Decisions. Edited by Werner Z. Hirsch . The Tenement Landlord. By George Sternlieb . Foundations for Financial Management: A Book of Readings. Edited by James Van Horne . A Theory of Financial Analysis. By Eugene M. Lerner and Willard T. Carleton . The Scope and Methodology of Finance. By J. Feed Weston . Working Capital Management. By William Beranek . Valuation: Concepts and Practice. By Erich Helfert . The Term Structure of Interest Rates: Expectations and Behavior Patterns. By Burton Gordon Malkiel . Liquidity Preferences of Commercial Banks. By George R. Morrison . Monetary Theory and Policy. Edited by Richard S. Thorn . Analytical Methods in Banking. Edited by Kalman J. Cohen and Frederick S. Hammer . The Commercial Paper Market. By Nevins D. Baxter . Insider Trading and the Stock Market. By Henry G. Manne . Money, Banking, and Credit in Eastern Europe. By George Garvy . Forward Exchange, Speculation, and the International Flow of Capital. By Herbert G. Grubel . International Finance for Multinational Business. By Lee C. Nehrt . Intergovernmental Fiscal Relations in the United States. By George F. Break . Effects of Corporation Income Tax. Edited by Marian Krzyzaniak . A General Theory of Tax Structure Change During Economic Development. By Harley H. Hinrichs .     

BOOK REVIEWS

Book reviewed in this article: Critical Essays in Monetary Theory. By Sir John Hicks . Essays in Monetary Economics. By Harry G. Johnson . The Theory of Interest. By Friedrich A. Lutz (translated from the second German edition by C. Wittich ). Investment Profit Correlation: A Regression Model of Profits from Common Stock Investments. By W. Scott Bauman and Thomas A. Klein . Yields on Corporate Debt Directly Placed. By Avery B. Cohan . Operations Research Techniques for Capital Investment. By F. Hanssmann . Financial Decision-Making. Edited by Edward J. Mock . Financial Management: Cases and Readings. Edited by Pearson Hunt and Victor L. Andrews . Commercial Financing. Edited by Monroe R. Lazere . Public Reporting by Conglomerates: The Issues, the Problems, and Some Possible Solutions. Edited by Alfred Rappaport , Peter A. Firmin , and Stephen A. Zeff . Growth, Profitability and Valuation: A Study of United Kingdom Quoted Companies. By A. Singh and G. Whittington in collaboration with H. T. Burley . American Banking Structure. By Gerald C. Fischer . The Machinery of Finance and the Management of Sterling. By A. T. K. Grant . The Merchant Banking Arena. By Richard Kellett . An Introduction to the Theory of Finance. By Basil J. Moore . The Foundations of Money and Banking. By Boris P. Pesek and Thomas R. Saving . Capital Movement and Economic Development: Proceedings of a Conference Held by the International Economic Association. Edited by John H. Adler . Trade and Trade Policy for Development. By Staffan Burenstam Linder . Export Instability and Economic Development. By Alasdair I. Macbean . Balance-of-Payments Adjustment Policies: Japan, Germany, and the Netherlands. By Michael Michaely . Government Finance: Economics of the Public Sector. By John F. Due .     

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 reviews in this article: Cases in Business Finance. By Z. Lew Melnyk and Charles L. Barngrover. Principles of Financial Management Ward S. Curran. Program Budgeting and Benefit-Cost Analysis, Cases, Text and Readings. By Harley H. Hinrichs and Graeme M. Taylor The Management of Capital Expenditures. By Robert G. Murdick and Donald D. Deming. The Role of Private Placements in Corporate Finance. By Eli Shapiro and Charles R. Wolf. Turnaround Management. Edited by Joseph Eisenberg. Welcome to Our Conglomerate-You're Fired! By Isadore Barmash. Banking Markets and Financial Institutions. Edited by Thomas G. Gies and Vincent P. Apilado. Economics of Financial Institutions and Markets. By Paul F. Smith. Financial Institutions and Markets. By Murray E. Polakoff and others. Money and Banking. By John M. Culbertson. Insurance: Its Theory and Practice in the United States. Sixth edition. By Albert H. Mowbray, Ralph H. Blanchard, and C. Arthur Williams, Jr. Risk Management and Insurance. Second Edition. By C. Arthur Williams, Jr. and Richard M. Heins. The Behavior of Interest Rates: The Application of the Efficient Market Model to U.S. Treasury Bills. By Richard Roll. An Introduction to Risk and Return from Common Stocks. By Richard A. Brealey. Security Prices in a Competitive Market: More about Risk and Return from Common Stocks. By Richard A. Brealey. Investment and Portfolio Analysis. By Haim Levy and Marshall Sarnat. Investments: Analysis and Management. By Jack Clark Francis. The Stock Markets. Revised edition. By Gilbert W. Cooke. Personal Financial Management. By David A. West and Glenn L. Wood. Personal Investing. By Wilbur W. Widicus, Jr. and Thomas E. Stitzel. Principles of Real Estate Law. By Edna Hebard and Gerald S. Meisel. Principles of Real Estate Management. Tenth Edition. By James C. Downs, Jr. Real Estate-Principles and Practices. Fourth Edition. By Maurice A. Uiiger. Real Estate Securities and Syndication, A Workbook. Edited by Stephen E. Roulac. Case Studies in Property Development. By Stephen E. Roulac. Real Estate Syndication Digest 1972, Principles and Applications. By Stephen E. Roulac. Real Estate Venture Analysis. Proceedings of a session chaired by Stephen E. Roulac. International Economic Integration. Edited by P. Robson. International Managerial Finance. By J. Fred Weston and Bart W. Sorge. Consumer Theory. By H. A. John Green. Fiscal Federalism. By Wallace E. Oates. Game Theory—A Nontechnical Introduction. By Morton D. Davis. Monetary Economics, Readings on Current Issues. By William E. Gibson and George G. Kaufman.     

Book Reviews

Book Reviews in this Article: Financial Futures. By DESMOND M. FITZGERALD. Option Pricing: Theory and Applications. Edited by MENACHEM BRENNER. Modern Portfolio Theory and the Capital Asset Pricing Model: A User's Guide. By DIANA R. HARRINGTON. Finance: A Theoretical Introduction. By DAVID E. ALLEN. International Trade & Finance: Theory and Policy. By HOLLEY ULBRICH.     

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: Investment Strategy. By C. Robert Coates . Essentials of Investments. By C. Ronald Sprecher . An Introduction To Financial Management. By Ezra Solomon & John J. Pringle . Modern Developments in Financial Management. Edited by Stewart C. S. Myers . Money and Financial Intermediation: The Theory and Structure of Financial Systems. By Paul F. Smith . The Euro-dollar System: Practice and Theory of International Interest Rates, Sixth Edition. By Paul Einzig and Brian Quinn Central Bank versus Treasury: An International Study. By. Sid Mittra . The Theory and Practice of Bond Portfolio Management. Edited by Peter L. Bernstein . The Future of AT&T. By Victor Schnee & Walter J. Gorkiewicz .