John B. Donaldson and Rajnish Mehra: Average Crossing Tim...

John B. Donaldson and Rajnish Mehra: Average Crossing Time: An Alternative Characterization of Mean Aversion and Reversion: "The mean reversion/aversion distinction is largely artificial.... The ���Average Crossing Time���... both unifies these concepts and provides an alternative characterization. Ceteris paribus, mean reverting processes have a relatively shorter average crossing time as compared to mean averting processes...

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