Market timing that based on behavioral finance theory give up the Efficient Market Hypothesis and study the capital structure from the investor point of view of non-rational.

基于行为金融的市场择时理论放开了有效市场的假设，从投资者的非理性角度研究公司资本结构，为资本结构的研究提供了一个新的视角。

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The empirical results indicated that Shanghai stock market an efficient market, but is a non-linear capital one.

实证研究表明上海股市不是一个有效的市场，而是一个具有非线性特征的市场。

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Raise tax rates and the working rich will work less, defer income, and take more non-cash compensation while the idle rich will defer capital gains, shift their investments to more tax efficient securities like municipal bonds, and (yes) evade taxes.

FORBES: Hey Romney, Here's A Comeback To Obama's $5 Trillion Tax Cut Canard