Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending June 26, 2009:

1. Are Stocks Really Less Volatile in the Long Run?
by Lubos Pastor (University of Chicago – Booth School of Business; Centre for Economic Policy Research; National Bureau of Economic Research) and Robert F. Stambaugh (University of Pennsylvania – The Wharton School; National Bureau of Economic Research)

2. Regulating Bankers’ Pay
by Lucian A. Bebchuk (Harvard University – Harvard Law School; National Bureau of Economic Research; European Corporate Governance Institute) and Holger Spamann (Harvard University – Harvard Law School)

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

4. Slapped in the Face by the Invisible Hand: Banking and the Panic of 2007
by Gary B. Gorton (Yale School of Management; National Bureau of Economic Research)

5. Case Closed
by Robert A. Haugen (Haugen Custom Financial Systems) and Nardin L. Baker (University of California, Irvine – Paul Merage School of Business)