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The article reviews the book "The American Pulp and Paper Industry 1900-1940: Mill Survival, Firm Structure, and Industry Relocation," by Nancy Kane Ohanian.

Reviews the book "Commercial Paper Markets: A Survey," by J.S. Alworth and C.E.V. Borio.

Reviews the book "Incentives, Organization, and Public Economics: Papers in Honour of Sir James Mirrlees," edited by Peter J. Hammond and Gareth D. Myles.

Reviews the book "Institutions, Innovation and Growth: Selected Economic Papers" edited by Jean-Philippe Touffut.

Reviews the book "The Collected Papers of Franco Modigliani," vol. 1, "Essays in Macroeconomics," vol. 2, "The Life Cycle Hypothesis of Saving," vol. 3, "The Theory of Finance and Other Essays," edited by Andrew Abel.

Reviews two books on the economy of Canada. "Canada's International Trade: An Analysis of Recent Trends and Patterns," by B.W. Wilkinson; "Canada in the Atlantic Economy," vol. 4, "Trade Liberalization and Canadian Agriculture," by Gerald I. Trant, David L. MacFarlane and Lewis A. Fischer, vol. 5, "Trade Liberalization and the Canadian Pulp and Paper Industry," by W.E. Haviland, N.S. Takacsy and E.M. Cape, vol. 6, "Trade Liberalization and the Canadian Furniture Industry," by David E. Bond and J. Wonnacott.

Reviews the book "The Impact of Technological Change on Employment and Growth: Papers Commissioned by the Panel on Technology and Employment," edited by Richard M. Cyert and David C. Mowery.

Reviews the book "Towards a Sustainable Urban Environment: The Rio de Janeiro Study," edited by Alcira Kreimer.

Reviews the book "The Collected Papers of Franco Modigliani," Volume 5, by Franco Modigliani and edited by Simon Johnson.

Reviews the book "Landmark Papers in General Equilibrium Theory, Social Choice and Welfare," edited by Kenneth J. Arrow and Gérard Debreu.

Editor's Note Our policy is to annotate all English-language books on economics and related subjects that are sent to us. A very small number of foreign-language books are called to our attention and annotated by our consulting editors or others. Our staff does not monitor and order books published; therefore, if an annotation of a book does not appear six months after the publication date, please write to us or the publisher concerning the book. [ABSTRACT FROM AUTHOR]

This article reviews the book "Optimum and Equilibrium for Regional Economies: Collected Papers of Noboru Sakashita," by Noboru Sakashita, edited by Komei Sasaki.

Reviews the book "Housing Policy in the 1990s: European Experiences and Alternatives for Korea: Papers and Discussions From the Joint KDI/FES Conference," edited by Kwan-Young Kim and Werner Puschra.

Reviews the book "The Long-Term Perspective Study of Sub-Saharan Africa: Background Papers: Country Perspectives," volume 1.

The article reviews the book "Race, Radicalism and Reform: Selected Papers," by Abram L. Harris and edited by William Darity Jr.

The article reviews the book "Monetary Policy in Pacific Basin Countries: Papers Presented at a Conference Sponsored by the Federal Reserve Bank of San Francisco," edited by Hang-Sheng Cheng.

The article reviews the book "Productivity and performance in the paper industry: Labour, capital, and technology in Britain and America, 1860-1914," by Gary Bryan Magee.

'Assessing Rational Expectations: Sunspot Multiplicity and Economic Fluctuations' by Roger Guesnerie, consists of a collection of ten papers by the author and his co-authors, all of which are concerned with the idea that business cycles may be driven by self-fulfilling expectations in economies in which there exist multiple rational expectations equilibria. The book is divided into four sub-sections. The first contains three papers, two co-authored jointly with Costas Azariadis and one with Pierre-André Chiappori. Section 2 consists of two important papers co-authored with Chiappori. Sections 3 and 4 of the book deal with extensions of the same themes covered in parts 1 and 2. The author is a master of his subject and the papers collected in this volume provide a classic reference to his work that will be especially attractive to those working in the field of dynamic general equilibrium theory.

Reviews the book "Landmark Papers in Economic Growth," edited by Robert M. Solow.

Reviews the book "Consumption Tax: Is it Necessary? A Discussion Paper," by Terence M. Dwyer.

Reviews the book "The Economics of Agriculture. Papers in Honor of D. Gale Johnson," vol. 2, edited by John M. Antle and Daniel A. Sumner.

Reviews the book "The Development of Cooperatives and Other Rural Organizations: The Role of the World Bank," by Pekka Hussi.

Reviews the book "Intergovernmental Fiscal Relations in Canada," by Robin W. Boadway and Paul A.R. Hobson.

The article reviews the book "Perspectives on the Administrative Tradition: From Antiquity to the Twentieth Century: Selected Papers from the History of Economics Conference 1990" vol. 7, edited by S. Todd Lowry.

Reviews the book "The Long-Term Perspective Study of Sub-Saharan Africa: Background Papers," volume 3.

The article reviews the book "Operations Research Proceedings 1980: DGOR--Papers of the Annual Meeting," by Günter Fandel.

Reviews the book "The collected papers of C. L. Barber," edited by A.M.C. Waterman, D.P.J. Hum and B.L. Scarfe.

The article reviews the book "The Socialist Calculation Debate After the Upheavals in Eastern Europe: Papers Given at a Conference Held at the Center d'études Interdisciplinaires Walras-Pareto, University of Lausanne," edited by Pascal Bridel.

Reviews the book "Strategies for Structural Adjustment: The Experience of Southeast Asia: Papers Presented at a Seminar Held in Kuala Lumpur, Malaysia, June 28-July 1, 1989," moderated by Ungku A. Aziz.

The article reviews the book "Problems of International Money 1972-1985: Papers Presented at a Seminar Organized by the International Monetary Fund and the Overseas Development Institute in London in March 1985," edited by Michael Posner.

Reviews the book "The Asian Financial Crisis: Causes, Contagion and Consequences," edited by Pierre-Richard Agenor, David Vines, Marcus Miller and Axel Weber.

Thirty years ago when Tjalling C. Koopmans began to be well known as an economist, he seemed to be a foreigner in a field where, his approach to problems was often so different from the prevailing ones. Today a large group of young economists follows his path to scientific discovery. His first main concern was for theoretical econometrics. When he entered the field of economics during his graduate studies, the small group of founders of the Econometric Society enthusiastically took up inference from economic data. Koopmans studies the maximum likelihood estimates for the model containing such errors. He proposes confidence intervals and tries to evaluate how much the presence of errors on independent variables vitiates the coefficients of a multiple regression that neglects them. Activity analysis is the second major area initiated and developed by Koopmans. His first contribution to this field was a memorandum written in 1942 for the Combined Shipping Adjustment Board. The complete activity analysis set-up is not yet present; Koopmans derives what are essentially dual variables to the supposedly optimal use of a transport network; he discusses their role and limitations when the solution must be revised as a consequence of changes in transport requirements.

Reviews the book "Global Integration and Challenges for Industrial Relations and Human Resource Management in the Twenty-First Century: Selected Papers From Twelfth IIRA World Congress," edited by Tadashi Hanami.

The article reviews the book "The U.S. Paper Industry and Sustainable Production: An Argument for Restructuring," by Maureen Smith.

The article reviews the book "Household and Intrahousehold Impact of the Grameen Bank and Similar Targeted Credit Programs in Bangladesh," by Mark M. Pitt and Shahidur R. Khandker.

Reviews the book "Water Policy and Water Markets: Selected Papers and Proceedings From the World Bank's Ninth Annual Irrigation and Drainage Seminar, Annapolis, Maryland, December 8-10, 1992," edited by Guy Le Moigne.

Reviews the book "Essays in Economic and Business History. Selected Papers From the Economic and Business Historical Society, 1993," volume 12, edited by Edwin J. Perkins.

Reviews two books by Dan Usher "The Collected Papers of Dan Usher: National Accounting and Economic Theory," Volume 1; "The Collected Papers of Dan Usher: Welfare Economics and Public Finance," Volume 2.

Reviews the book "Eastern Europe in Transition: From Recession to Growth? Proceedings of a Conference on the Macroeconomic Aspects of Adjustment, Cosponsored by the International Monetary Fund and the World Bank," edited by Mario I. Blejer.