The article reviews the book "Introduction to Nonprofit Organization Accounting," 3rd edition, by Emerson O. Henke.

This paper discusses the implications of Miller's paper “Debt and Taxes” for the valuation of leases. It shows that if Miller's equilibrium holds, leasing is only likely to dominate debt and equity for companies in temporary nontaxpaying positions.

This paper challenges the empirical basis for the current belief that competition forces banks to make immediate implicit-interest payments on demand deposits equal to the marginal earnings on those deposits and that this implicit return has a strong effect on the demand for money. Klein's method of defining the implicit return as a function of the money supply and of the return on an alternative asset and then adding that implicit return to a money-demand equation is likely to produce his results whether or not the world behaves as he hypothesizes.

Although estimates of the fertility-labor supply relationship abound, a full appreciation of the interpretation of such estimates has been lacking, regardless of the empirical strategy employed. This paper attempts to elucidate, within the context of a life-cycle decision-making process, the information contained in the estimated association between fertility and labor supply as calculated from "single" and "simultaneous-equations" estimation techniques. We also present a statistical methodology based upon the occurrence of twins in the first pregnancy and provide estimates, using that methodology, of the extent to which women's life-cycle labor supply decisions respond to exogenous (and, in this case, unanticipated) extra children.

The article reviews the book "Financial and Managerial Control : A Health Care Perspective," by Edward J. Lusk and Janice Gennon Lusk.