4 papers
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…
Capturing the Tax-Revenue Bracketing System via a predator-prey model: Evidence from South Africa
Leonard Mushunje
Revenues obtained from the corporate tax heads play significant roles in any economy as they can be prioritized for producing public goods and employment creations, among others. A…
Information Diffusion, Word-of-mouth effects, and Mutual Funds Performance: A Mathematical Modelling Approach
Leonard Mushunje
This paper puts forward that money managers and prospective investors exchange information and ideas about assets directly through word-of-mouth communication. This, in turn, affec…
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…