About the Author Roger Guesnerie is Professor at the Collège de France and President of the Paris School of Economics. He is the author of Assessing Rational Expectations and Assessing Rational Expectations 2 (MIT Press, 2001, 2005). Jean-Jacques Laffont was Professor of Economics at the Université des Sciences Sociales de Toulouse and the Institut Universitaire de France and Director of the Institut d'Economie Industrielle. Product Description Edmond Malinvaud is among the world's most highly respected economists. Available for the first time in translation the thirty-four essays collected in these three volumes provide English-speaking readers with an easily accessible and substantial library of current French economic thought, conveying the vitality of economic theory in France today. The essays reflect Malinvaud's own broad contributions to the field and range from theoretical analysis to applied project evaluation, from the formalization of basic concepts to analyses directed toward policy planning and assessment, and from examples of pure statistical methodology to empirical studies. Included are a number of valuable studies on unemployment, one of the basic themes of Malinvaud's work, that report significant advances in the theory of disequilibrium and related approaches. There are essays that provide excellent examples of recent advances in market analysis, that cover important advances in difficult areas of econometrics such as the application of test theory to complex nonlinear cases and the fundamentals of estimation under more realistic hypotheses, and essays that make significant contributions to statistical methods in econometrics, presenting "clean" statistical procedures which contain the elements of solutions to such practical problems as data adjustment. Review "The opportunity of honoring Malinvaud has brought forth from the younger French scholars their best and most innovative work. " —Kenneth Arrow, Stanford University