Evaluate the arguments of the two nobel laureates.

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Reference no: EM131457923

Assignment: Financial Markets Essay

Length = 2000 words

You work as a researcher at an active equity fund. Your supervisor makes the following statement to you.

"Eugene Fama and Robert Shiller won the Nobel Prize in Economics in 2013. Their views on market efficiency and behavioural finance are, however, quite different."

She assigns you the task of writing a critical essay evaluating the arguments of the two Nobel Laureates. Your essay should include any implicationsof your research for the future direction of the fund. You should utilise existing literature (scholarly journals)on market efficiency and behavioural finance as well as real world examples to support your conclusion.

Essay - Possible Format

Introduction

- Brief background to market efficiency and behavioural finance and the implications for your firm

2. Discussion of Fama's views

- Include research (e.g. journal articles) and real world examples (e.g. what some fund managers have done) that support or disagree with his arguments.

3. Discussion of Shiller's views

- Include research (e.g. journal articles) and real world examples (e.g. behaviour of markets) that support or disagree with his arguments.

4. Conclusion on market efficiency and recommendations for the firm.

Attachment:- Marketing_Efficiency.rar

Reference no: EM131457923

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