Listed below are the most sought after Research Group articles and papers from the New York Fed’s website and from the Bank’s page on the Social Science Research Network site.

New York Fed, third-quarter 2009:

• “Why Are Banks Holding So Many Excess Reserves?” by Todd Keister and
  James McAndrews (Staff Reports, no. 380, July 2009) – 5,498 downloads
  
  
• “Understanding the Securitization of Subprime Mortgage Credit,” by Adam B. Ashcraft and Til Schuermann (Staff Reports, no. 318, March 2008) – 2,318 downloads
  
  
• “The Yield Curve as a Predictor of U.S. Recessions,” by Arturo Estrella and
  Frederic S. Mishkin (Current Issues in Economics and Finance, vol. 2, no. 7, June 1996) – 2,270 downloads

SSRN, third-quarter 2009:

• “Understanding the Securitization of Subprime Mortgage Credit,” by Adam B. Ashcraft and Til Schuermann (Staff Reports, no. 318, March 2008) – 885 downloads
  
  
• “The Corporate Governance of Banks,” by Jonathan R. Macey and Maureen O’Hara (Economic Policy Review, vol. 9, no. 1, April 2003) – 162 downloads

• “Executive Equity Compensation and Incentives: A Survey,” by John E. Core, Wayne R. Guay, and David F. Larcker (Economic Policy Review, vol. 9, no. 1, April 2003) – 145 downloads