The Research Program in Finance in the Haas School of Business has as its purpose the conduct and encouragement of research in finance, investments, banking, securities markets, and financial institutions. The present working paper series was established in 1971 in conjunction with a grant from the Dean Witter Foundation.
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Requests for publications or additional information may be addressed to Patricia Bagdon, IBER F502 Haas Building, University of California, Berkeley, 94720-1922; or firstname.lastname@example.org or phone (510) 642-1923. Requests for current papers are free to students and academics. There is a working paper fee of $5.00 (USA) and $7.50 (international) for businesses and non-academic institutions.