Mean Reversion of Standard & Poor's 500 Index Basis Changes: Arbitrage-Induced or Statistical Illusion?
研究标准普尔500指数期货基差变化的均值回归现象，检验其是由套利行为驱动还是统计幻觉所致，对理解期货定价和套利机制有参考价值。
Merton H. Miller, Jayaram Muthuswamy, Robert E. Whaley, Mean Reversion of Standard & Poor's 500 Index Basis Changes: Arbitrage-Induced or Statistical Illusion?, The Journal of Finance, Vol. 49, No. 2 (Jun., 1994), pp. 479-513