| Rank | Journal Article | File Downloads |
| Total | | |
| 1 | The Market for 'Lemons': Quality Uncertainty and the Market Mechanism | 20,316 | | |
| George A. Akerlof |
| 2 | The Pricing of Options and Corporate Liabilities | 18,940 | | |
| Fischer Black and Myron S. Scholes |
| 3 | Prospect Theory: An Analysis of Decision under Risk | 13,839 | | |
| Daniel Kahneman and Amos Tversky |
| 4 | Credit Rationing in Markets with Imperfect Information | 11,435 | | |
| Joseph Stiglitz and Andrew Weiss |
| 5 | Increasing Returns and Long-run Growth | 9,187 | | |
| Paul Michael Romer |
| 6 | Co-integration and Error Correction: Representation, Estimation, and Testing | 9,145 | | |
| Robert F. Engle and Clive W. J. Granger |
| 7 | A Contribution to the Empirics of Economic Growth | 8,801 | | |
| N. Gregory Mankiw, David Romer and David Weil |
| 8 | Theory of Rational Option Pricing | 8,569 | | |
| Robert C. Merton |
| 9 | Common risk factors in the returns on stocks and bonds | 8,385 | | |
| Eugene F. Fama and Kenneth French |
| 10 | Agency Problems and the Theory of the Firm | 8,053 | | |
| Eugene F. Fama |
| 11 | Corruption and Growth | 7,751 | | |
| Paolo Mauro |
| 12 | The pyramid of corporate social responsibility: Toward the moral management of organizational stakeholders | 7,228 | | |
| Archie B. Carroll |
| 12 | Efficient Capital Markets: A Review of Theory and Empirical Work | 7,228 | | |
| Eugene F. Fama |
| 14 | A Theory of the Term Structure of Interest Rates | 7,197 | | |
| John C Cox, Ingersoll, Jonathan E, and Stephen A Ross |
| 15 | Endogenous Technological Change | 7,176 | | |
| Paul Michael Romer |
| 16 | Finance and Growth: Schumpeter Might Be Right | 6,968 | | |
| Robert King and Ross Levine |
| 17 | Event Studies in Economics and Finance | 6,823 | | |
| A. Craig MacKinlay |
| 18 | Time to Build and Aggregate Fluctuations | 6,460 | | |
| Finn E. Kydland and Edward C. Prescott |
| 19 | A Model of Balance-of-Payments Crises | 6,387 | | |
| Paul Krugman |
| 20 | Expectations and Exchange Rate Dynamics | 6,380 | | |
| Rudiger Dornbusch |
| 21 | Rules Rather Than Discretion: The Inconsistency of Optimal Plans | 6,262 | | |
| Finn E. Kydland and Edward C. Prescott |
| 22 | The Cross-Section of Expected Stock Returns | 6,171 | | |
| Eugene F. Fama and Kenneth French |
| 23 | The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration | 6,148 | | |
| Sanford Jay Grossman and Oliver D. Hart |
| 24 | Production, Information Costs, and Economic Organization | 6,115 | | |
| Armen A Alchian and Harold Demsetz |
| 25 | Economic Growth in a Cross Section of Countries | 6,012 | | |
| Robert J. Barro |
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