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Top Downloads
The ten most downloaded Research Group publications from the New York Fed and SSRN websites.
 
New York Fed Website: Third-Quarter 2008
Understanding the Securitization of Subprime
Mortgage Credit

Adam B. Ashcraft and Til Schuermann
Staff Reports, Number 318, March 2008   4,177 downloads
Divorcing Money from Monetary Policy
Todd Keister, Antoine Martin, and James McAndrews
Economic Policy Review, Volume 14, Number 2, September 2008   
1,899 downloads
The Yield Curve as a Predictor of U.S. Recessions
Arturo Estrella and Frederic S. Mishkin
Current Issues in Economics and Finance, Volume 2, Number 7,
June 1996   1,891 downloads
The Federal Reserve’s Term Auction Facility
Olivier Armantier, Sandra Krieger, and James McAndrews
Current Issues in Economics and Finance, Volume 14, Number 5,
July 2008   1,558 downloads
The Changing Nature of the U.S. Balance of Payments
Rebecca Hellerstein and Cédric Tille
Current Issues in Economics and Finance, Volume 14, Number 4,
June 2008   1,244 downloads
How Economic News Moves Markets
Leonardo Bartolini, Linda Goldberg, and Adam Sacarny
Current Issues in Economics and Finance, Volume 14, Number 6,
August 2008   1,196 downloads
Liquidity, Monetary Policy, and Financial Cycles
Tobias Adrian and Hyun Song Shin
Current Issues in Economics and Finance, Volume 14, Number 1, January/February 2008   1,154 downloads
The Effect of the Term Auction Facility on the London
Inter-Bank Offered Rate

James McAndrews, Asani Sarkar, and Zhenyu Wang
Staff Reports, Number 335, July 2008   855 downloads
The Yield Curve as a Leading Indicator:
Some Practical Issues

Arturo Estrella and Mary R. Trubin
Current Issues in Economics and Finance, Volume 12, Number 5, July/August 2006   835 downloads
Assessing High House Prices: Bubbles, Fundamentals,
and Misperceptions

Charles Himmelberg, Christopher Mayer, and Todd Sinai
Staff Reports, Number 218, September 2005   823 downloads
Source: WebTrends website analysis reports.
SSRN Website: Through Third-Quarter 2008
Understanding the Securitization of Subprime
Mortgage Credit

Adam B. Ashcraft and Til Schuermann
Staff Reports, Number 318, March 2008   2,155 downloads
The Consolidation of the Financial Services Industry: Causes, Consequences, and Implications for the Future
Allen N. Berger, Rebecca S. Demsetz, and Philip E. Strahan
Staff Reports, Number 55, December 1998   2,109 downloads
An Empirical Analysis of Stock and Bond Market Liquidity
Tarun Chordia, Asani Sarkar, and Avanidhar Subrahmanyam
Staff Reports, Number 164, March 2003   1,728 downloads
A Survey of Blockholders and Corporate Control
Clifford G. Holderness
Economic Policy Review, Volume 9, Number 1, April 2003   1,436 downloads
Learning about Beta: Time-Varying Factor Loadings, Expected Returns, and the Conditional CAPM (Formerly “Learning about Beta: A New Look at CAPM Tests”)
Tobias Adrian and Francesco Franzoni
Staff Reports, Number 193, September 2004 (Revised September 2006)
1,163 downloads
Transparency, Financial Accounting Information,
and Corporate Governance

Robert M. Bushman and Abbie J. Smith
Economic Policy Review, Volume 9, Number 1, April 2003   1,128 downloads
The Role of Bank Advisors in Mergers and Acquisitions
Linda Allen, Julapa Jagtiani, Stavros Peristiani, and Anthony Saunders
Staff Reports, Number 143, January 20002   1,062 downloads
Liquidity in U.S. Fixed Income Markets: A Comparison
of the Bid-Ask Spread in Corporate, Government,
and Municipal Bond Markets

Sugato Chakravarty and Asani Sarkar
Staff Reports, Number 73, March 1999   812 downloads
Estimating Probabilities of Default
Til Schuermann and Samuel Hanson
Staff Reports, Number 190, July 2004   806 downloads
Forecasting Recessions Using the Yield Curve
Marcelle Chauvet and Simon Potter
Staff Reports, Number 134, August 2001   752 downloads
Source: SSRN (Social Science Research Network).
Note: The SSRN reports only cumulative totals, not quarterly figures. These are the top ten Research Group publications downloaded from the SSRN’s website from August 2004 (when the Group began listing papers) to the end of the quarter.