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Finally, with Tobin's "Separation Theorem", we introduce the transaction cost into the efficient frontier and t he effective efficient frontier is obtained. And a quadratic utility function is applied to demonstrate that maintaining a suitable level of transaction cost in the current Chinese stock market is important to the equilibrium of the Chinese stock market and the risk control of the individual asset.

本文的第四部分，引用托宾的"分离定理"，通过加入交易成本，区分了名义有效边界和实际有效边界，指出了交易成本调整对我国股票市场均衡影响的作用机制，并引入了效用函数，实证研究了交易成本适度对我国股票市场均衡和个人资产风险水平控制的重要意义。

Based on the Portfolio Theory and Tobin's Separation Theorem, William?Sharp Established the CAPM, a model on balancing price in capital market.

资本资产定价模型是威廉·夏普于1964年在马克威茨的资产组合理论和托宾分离定理的基础上通过增加一些条件而建立起来的资本市场均衡定价模型。

My name is Tobin Hammerberg and I will be teaching class P3A5 this year!

我是今年三甲二班的何瑜老师。

Even if all these assertions are correct, they do not imply the need for a Tobin tax.

即使上述观点都是正确的，也不意味着有必要开征托宾税。

Tobin Keller:You're doing it right now.

托宾：你正在这么做。

The Tobin tax does nothing to achieve this.

托宾税是做不到这一点的。

They have, they have, but the one thing they do agree on is how much they love Dr Tobin.

是的，但是他们在喜欢托宾博士这一点上都是一样的。

Look, I just think we should give Dr. Tobin a chance.

等等， 我觉得我们该试试看托比医生

To meet those challenges,the Colombian monetary authorities followed the Chilean way to take a series of capital control measures from 1993 to 1998 such as the Unremunerated Reserve Requirement and the Tobin tax.

为应对这些挑战，哥伦比亚货币当局借鉴智利的成功经验，于1993～1998年实行了无息准备金制度和显性托宾税等一系列资本管制措施。

The state could charge heftily for acting as lender of last resort—or, less desirable, impose a windfall tax on bank profits or a "Tobin tax" on transactions.

国家可以对作为最后贷款人的债主重重地收税，或者，不合意地，对银行盈利征收重税，或在交易过程中课以&托宾税&。

This one mode pays close attention to network credence foundation of the businessman very much.

这一模式非常关注商人的网络信用基础。

Cell morphology of bacterial ghost of Pasteurella multocida was observed by scanning electron microscopy and inactivation ratio was estimated by CFU analysi.

扫描电镜观察多杀性巴氏杆菌细菌幽灵和菌落形成单位评价遗传灭活率。