Further Remarks on "The Duration of the Adjustment Process of Financial Ratios"
指出Peles和Schneller（1989）忽略了抽样自相关偏差，通过去除偏差的复制研究，发现其三个长期比率并不存在调整过程。
In a recent paper, Yoram C. Peles and Meir I. Schneller (1989) ignore the sampling autocorrelation bias. A replication of their work that removes the bias changes their results. With the bias removed, there is no evidence that their three long-term ratios follow an adjustment process. Copyright 1992 by MIT Press.