This is a guide to 110 leading authors of literary fiction--ones that were still living in 1998. So if not, or no longer a guide to "contemporary fiction" it's a decent one to late 20th Century fiction. I've read 35 of the 110 authors here. A few, such as Isabel Allende, Sandra Cisneros, E. L. Doctorow, Don DeLillo and Cormac McCarthy I so loathed I'd never read something else from them again. In some cases, such as that of T. Corraghessan Boyle, I hated what I read (The Tortilla Curtain) by them, but saw enough in their writing I might take a chance on them again. But there are also authors here who wrote books I loved, and want to read more of: Margaret Atwood, A. S. Byatt, Pat Conroy, Louis de Bernieres, Umberto Eco, Alice Hoffman, Milan Kundera, Larry McMurtry, Salman Rushdie, Mario Vargas Llosa.
So more hits than misses, enough I'd read more of the authors listed. And I think the above indicates that whatever your tastes, though no doubt you'll turn up your noses as some of the authors here (no doubt including some of my favorites) you'll find a lot to love if you like literary fiction. That's why I'm keeping it on my bookshelves. Although truth to tell, I probably wouldn't buy it now--there are just too many such lists on the internet you can access about as rich, and it doesn't give you much value added beyond that list.