Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending May 1, 2009:

1. Theory of the Firm: Managerial Behavior, Agency Cost and Ownership Structure
by Michael C. Jensen (Harvard Business School; The Monitor Company; Social Science Electronic Publishing) and William H. Meckling (University of Rochester Simon School [deceased])

2. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

3. Understanding the Subprime Mortgage Crisis
by Yuliya S. Demyanyk (Federal Reserve Bank of Cleveland) and Otto Van Hemert (New York University – Department of Finance)

4. Luck versus Skill in the Cross Section of Mutual Fund Alpha Estimates
by Eugene F. Fama (University of Chicago – Booth School of Business) and Kenneth R. French (Dartmouth College – Tuck School of Business; National Bureau of Economic Research)

5. Green Jobs Myths
by Andrew P. Morriss (University of Illinois College of Law), William T. Bogart (York College of Pennsylvania), Andrew Dorchak (Case Western Reserve University Law Library), and Roger E. Meiners (University of Texas at Arlington)