3 papers
econ.GN2024
Non-Banking Sector development effect on Economic Growth. A Nighttime light data approach
Leonard Mushunje, Maxwell Mashasha
This paper uses nighttime light(NTL) data to measure the nexus of the non-banking sector, particularly insurance, and economic growth in South Africa. We hypothesize that insurance…
q-fin.ST2023
Short-term Volatility Estimation for High Frequency Trades using Gaussian processes (GPs)
Leonard Mushunje, Maxwell Mashasha, Edina Chandiwana
The fundamental theorem behind financial markets is that stock prices are intrinsically complex and stochastic. One of the complexities is the volatility associated with stock pric…
econ.TH2023
Modeling trading games in a stochastic non-life insurance market
Leonard Mushunje, David Edmund Allen
We studied the behavior and variation of utility between the two conflicting players in a closed Nash-equilibrium loop. Our modeling approach also captured the nexus between optima…