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Frequently Asked Questions

The views expressed on this website, or documents this site links to, are those of the individual contributors, and do not necessarily reflect the views of any related party or employer.

Who owns and operates DefaultRisk.com?

In 2000, Greg Gupton started this website as a hobby and a way to share research among his friends that he found useful within his own work.  He found/selected the first 500 papers manually and with Google then (after it's launch in Nov-2004) Google Scholar. Since DefaultRisk started offering submission forms, about two thirds of new papers are donated from their many authors, see an exhaustive author list.  Thanks!  See also, How did my paper get on DefaultRisk.com if I didn't submit it?

So with the caveat that Greg gets lots of feedback, suggestions and submissions, he remains the sole operator.  And to the extent that a hobby can have an "owner", he's that too.

My opinions are my own and unrelated to my employer.

As I operate this website, there are inevitably editorial choices and opinions. These are solely my own (that is, Greg Gupton's) and do not necessarily reflect the views of any related party or my employer the Federal Reserve Bank of New York.

Guidelines for acceptable papers.

Submitted papers are very welcome.  For the specific details of information requested, see the submission form. Historically, easily 90% or more of submitted papers are accepted. Historically, the most likely reason to not accept a paper is that it doesn't fall within my topic scope, see categories.

Logistical Guidelines:

  • Papers must be written in English. This allows me to review its content.
  • Papers must be in PDF format.  There are multiple PDF readers that allow a paper to be widely readable.  Other technologies may evolve over time.
  • Listed authors must have disclosed affiliations.
  • I must be able to link (both logistically and legally) to the PDF document.  Please understand that my server space is near capacity, so I cannot readily "host" more papers.  See, Where can papers be "hosted" on the Internet?
    • Thus, I can not accept papers that are only from the SSRN system.  I cannot link to SSRN hosted PDF files.
    • Also, I cannot accept PDFs that are hosted behind a log-in, even a "free" log-in.
  • Papers may not have clickable links to 3rd party domains other than .edu or .gov.

Content Guidelines:

  • Papers must be within my topic scope, see categories. This excludes many good and worthy papers, but this site is intended to be fairly focused.
  • Papers should make some "contribution to the literature". While subjective, it should be likely that subsequent serious academic researchers may well cite the submitted work.
  • Papers that merely tout a vended product/service are inappropriate.
  • Papers really should be supported by references to the literature.
  • If a paper contradicts another author, I need to confirm that the rival authors have conferred on the dispute.

Where can papers be "hosted" on the Internet?

Most people do not have a website, or even, a school provided web-space. I suggest two alternatives (please contact me to suggest others): arXiv and MPRA. Both are free and have the advantage that reference information is automatically included into the RePEc (Research Papers in Economics) system. Some people purchase their own domain or use Google Sites. While this is (I feel) sufficient, (I feel) these are suboptimal to promulgate your research.

Please be assured that SSRN also is a fine place to post research. Papers there are also swept into the RePEc system.  I disallow them (for submissions) merely because (for technical reasons) I cannot link to their PDF documents.

How are the TopTen lists compiled?

Each list is sorted by a mechanical tabulation of: dates, citations, page-visits, or publications.  All are updated monthly, except for the quarterly Cited Books. Four list are based on "Views". My hosting service records visitor traffic via SmarterStats. I aggregate this data by month and have retained file-level records since Mar-2003. All lists here are based on "Page Views" rather than "Hits".

  • Most Recent Papers: A list of papers authored most recently. The date of posting to this website is not relevant. Papers displaying [mon-year] are sorted as if the [day] field is zero. The list was expanded to Top20, rather than Top10, by popular demand.
  • Most Cited Books: Since books are a valuable resource, I track books referenced by all posted papers. These are the Top30 most cited books across all the research papers on DefaultRisk.com.  There are 4,191 book citations of 1,052 unique books within 1,650 research papers. Sub-lists show book citations conditioned on topic categories.
  • Most Viewed Authors: These are the Top10 authors who accrue the most "Views" across all papers bearing their name. This tabulation is a moving two month window.
  • Most Viewed Papers: This is actually two lists. First, the Top10 most "Viewed" papers as per the same two month moving window. Plus, any remainder of the the Top10 most viewed paper as tabulated with a simple sum of all views since the beginning of record, Mar-2003. Thus, this reflect currently popular papers as well as enduring classics.
  • Most Prolific Credit Researchers: This is a simple tabulation of who has the most "credit" papers posted to this site and is unrelated to "Views".  "Credit paper" included all but the Code, Liquidity, Quant., and Related categories.  This top ten list is as much a statement about the limitations of my paper collection as it is about who the most prolific researchers really are.  If you see that I am not including an author or perhaps I'm lacking papers from one who seemingly ranks low, then please send me the reference (URLs) to those papers that I should add.
  • Most Viewed Books: These are the top ten most popularly viewed books in three categories on DefaultRisk.com. In Sep-2010, this set of candidate books was restricted to only those that had been cited in posted research. Since any book shown on the home page garners added traffic, I've sought to smooth this my applying an exponential moving average. I use a lambda of 0.7 that was determined empirically to balance 1) responsiveness to new/worthy books, vs. 2) consistently popular extant books.
  • Most Viewed Abstracts: A reference/abstract is listed on my site (rather than a full downloadable paper) because: 1) its authorship pre-dates the common use of PDF formatting, or 2) it has been published and is no longer freely accessible in PDF format.  So these tend to be the older "classics" that have enduring value. This tabulation is a moving two month window.

Why use a two month moving window rather than one or three or four, etc.?  Because I wish to show what is currently popular without being entirely overwhelmed whit what has been newly posted this month. Empirically, two month balances this and the "two" doesn't change.

How are researchers chosen to get an "organizing page"?

Periodically, and as I find time in my schedule, I devote time to composing additional "organizing pages" for prolific credit researchers. These are bothersome to compose and then demand an upkeep commitment, so this is not frequently done. Researcher selection is solely determined by who next has the most "credit" papers. "Credit paper" include all but the Code, Liquidity, Quant., and Related categories.

Once composed, the "organizing page" is offered to the research and they may chose to decline to have it go "live", which, indeed, one researcher did ... on the grounds that it portrayed only his credit-related work and not the totality of his academic contribution.

However, it seems that some people very much want an "organizing page" and occasionally make direct requests. But the selection rule is clear and exceptions are not granted.

How did my paper get on DefaultRisk.com if I didn't submit it?

Authors may well see their papers on this site even if they did not "submit" it. I constantly search for interesting work mostly in three ways: a) RSS feeds from the BIS, q-fin at arXiv, nep-rmg at REPec, MPRA, etc., b) Google Scholar searches, and c) general Internet searching. If you would like to recommend good/targeted searches, please contact me; and thanks! Also, authors can --if they really want-- have their papers removed, see below.

What "rights" do authors have?

From the beginning of this website, it was clear to me that researchers could benefit by having greater/centralized access to broad sources of credit research. I've come also to realize that many authors benefit by garnering broader readership for their work.  So this very much can be a win-win. But, I feel, this can only work well if authors feel comfortable.

There are many reasons that authors may wish to withdraw their research: discovered mistakes with a forthcoming fix, or some journal's stipulation ahead of publication, or perhaps a desire to recast the work into some different direction. Thus, this site will deaccession a paper at an author's simple request. E-mail your request so that I can verify your authorship via your e-mail address.

  • It follows that I do not e-mail old papers. If anyone requires a particular paper, I encourage them to contact the author directly.

Authors may also request edits to their posting. Typically this involves adding Keywords or JEL Classification.  Please note however that I get yelled at if I post information that contradicts what is actually reported in the posted paper.

 

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