Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending June 18, 2010:

1. Are State Public Pensions Sustainable? Why the Federal Government Should Worry About State Pension Liabilities
by Joshua D. Rauh (Northwestern University – Department of Finance; National Bureau of Economic Research (NBER))

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

3. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (The Brookings Institution) and Aart Kraay (World Bank – Development Research Group (DECRG)) and Massimo Mastruzzi (World Bank Institute)

4. Why We Have Never Used the Black-Scholes-Merton Option Pricing Formula (fifth version)
by Espen Gaarder Haug and Nassim Nicholas Taleb (NYU-Poly)

5. Global Warming Advocacy Science: A Cross Examination
by Jason Scott Johnston (University of Pennsylvania – Law School)