Research and Publications: Recent submissions

Now showing items 621-640 of 1138

    • A Multicurve Cross-Currency LIBOR Market Model 

      Wamwea, Charity; Ngare, Philip; Bidima, Martin Le Doux Mbele (Hindawi, 2019)
      Afer the dawn of the August 2007 fnancial crisis, banks became more aware of fnancial risk leading to the appearance of nonnegligible spreads between LIBOR and OIS rates and also between LIBOR of diferent tenors.Tis ...

    • Dynamic Credit Quality Evaluation with Social Network Data 

      Sewe, Stanley; Ngare, Philip; Weke, Patrick (Hindawi, 2019)
      We investigate the fltering problem where the borrower’s time varying credit quality process is estimated using continuous time observation process and her (in this paper we refer to the borrower as female and the lender ...

    • Crop yield probability density forecasting via quantile random forest and Epanechnikov Kernel function 

      Gyamerah, Samuel Asante; Ngare, Philip; Ikpe, Dennis (2019)
      A reliable and accurate forecasting method for crop yields is very important for the farmer, the economy of a country, and the agricultural stakeholders. However, due to weather extremes and uncertainties as a result of ...

    • Modelling Risk of Financing Agribusiness in Kenya 

      Ngare, Philip; Kweyu, Martin; Huka, Chris (2015)
      We review agricultural financing strategies in developed and developing economies in light of the risks that agricultural businesses face due to variations in weather conditions among other challenges. We specifically ...

    • Determinants of Consumers’ Adoption of Mobile Parking Payment Services in Kenya 

      Komo, Lee; Kyando, Eusebius; Ngare, Philip (Sabinet, 2016)
      We conduct a study on consumers‟ satisfaction and acceptance of mobile parking service: EJIJIPAY, in Nairobi City-Kenya. We begin by assessing consumers‟ satisfaction of EJIJIPAY since its launch. We perform factor ...

    • Access to Finance for Women Entrepreneurs in Kenya: Challenges and Opportunities 

      Manwari, Louisa; Ngare, Philip; Kipsang, Rotuno (Scholarlink Research Institute, 2017)
      This study investigated the challenges and opportunities affecting access to finance for women entrepreneurs in Kenya with the aim of making positive contributions to the Kenyan economic recovery strategies and ...

    • Effect of Liberalized Financial Policy on Commercial Banks Performance in Kenya 

      Makena, Wangari; Ngare, Philip; Mulindwa, Kizito; Wairia, Mary (Scholarlink Research Institute, 2017)
      The objective of this study is to examine the effect of liberalized financial policy on commercial banks performance in Kenya. This study moves away from popular scholarly discussion focused on the impact financial controls ...

    • Optimal Investment Strategy under Stochastic Interest Rates 

      Mtunya, Adeline Peter; Ngare, Philip; Nkansah-Gyekye, Yaw (Scientific Research Publishing, 2017)
      We study how firms’ management can make effective investment decision under the influence of random interest rates. We define the threshold interest rate value below which investment can be effectively done and above ...

    • A Poisson-Gamma Model for Zero Inflated Rainfall Data 

      Dzupire, Nelson Christopher; Ngare, Philip; Odongo, Leo (Hindawi, 2018)
      Rainfall modeling is signifcant for prediction and forecasting purposes in agriculture, weather derivatives, hydrology, and risk and disaster preparedness. Normally two models are used to model the rainfall process as a ...

    • Regime-Switching Temperature Dynamics Model for Weather Derivatives 

      Gyamerah, Samuel Asante; Ngare, Philip; Ikpe, Dennis (Hindawi, 2018)
      Weather is a key production factor in agricultural crop production and at the same time the most significant and least controllable source of peril in agriculture. These effects of weather on agricultural crop production ...

    • Pricing Interest Rate Caps and Floors under the Pearson-Sun Interest Rate Model 

      Ghaniyyu, Abubakari Abdul; Ngare, Philip; Mung’atu, Joseph (2018)
      Interest rate derivatives are largely used to manage interest rate risk. For this reason, the accuracy of their pricing is very important as mispricing can result in huge financial losses. In this study, the Pearson-Sun model, ...

    • Expansion formulas for European quanto options in a local volatility FX-LIBOR model 

      Hok, Julien; Ngare, Philip; Papapantoleon, Antonis (World Scientific Publishing Company, 2018)
      We develop an expansion approach for the pricing of European quanto options written on LIBOR rates (of a foreign currency). We derive the dynamics of the system of foreign LIBOR rates under the domestic forward measure ...

    • Financial Time Series Modelling of Trends and Patterns in the Energy Markets 

      Aduda, Jane; Weke, Patrick; Ngare, Philip; Mwaniki, Joseph (Scientific Research Publishing Inc, 2016)
      Precise recognition of a time series path is important to policy makers, statisticians, economists, traders, hedgers and speculators alike. The correct time series path is also a key ingredient in pricing models. This ...

    • Community Theatre and Development Practices in the Nyanza Region of Kenya 

      Mwai, Wangari; Diang’a, Rachael; Kebaya, Charles (2015)
      Positing Community Theatre as an agency for development and is an effective way to encourage community dialogue, this article interrogates practices and efficacies of Community Theatre in Nyanza, ...

    • Utility indifference pricing of derivatives written on industrial loss indices 

      Leobacher, Gunther; Ngare, Philip (North-Holland, 2016)
      We consider the problem of pricing derivatives written on some industrial loss index via utility indifference pricing. The industrial loss index is modeled by a compound Poisson process and the insurer can adjust ...

    • Effect of Microfinance Credit on SMEs Financial Performance in Kenya 

      Amsi, Flora; Ngare, Philip; Imo, Petronilla; Gachie, Mercie (Scholarlink Research Institute, 2017)
      The Small and Medium Enterprises (SME) sector is important for the growth of the economy in any developing country. Similarly, microfinance credit facilities are crucial to SMEs financial performance as they facilitate ...

    • Pedagogical Aspects of Riddles: A Critical Examination of Abagusii Riddles 

      Gachanja, Muigai Wa; Kebaya, Charles (International Journal of Humanities and Social Science, 2013)
      This paper is based on a critical examination of pedagogical aspects of riddles among the Abagusii community and opines that riddles play an important role in the education system of notonlychildren but ...

    • Power and Gendered Identities: (Re) Configuring the Gendered Self in Kenyan Drama 

      Olembo, Waveney; Kebaya, Charles (Research on Humanities and Social Sciences, 2013)
      Studies of power and gender identity form part of the dominant discourses of various scholars such as Judith Butler, Julia Kristeva, Margaret Hall, Michel Foucault, and Gloria Anzaldua who have explored the ...

    • Reading the Story of Jesus Christ as an Epic 

      Mwai, Wangari; Gimode, Edwin; Kebaya, Charles (Cultural and Religious Studies, 2015)
      There is no doubt that Jesus Christ is the eternal embodiment of the Christian faith. The story of salvation, especially the life of Jesus, forms the basis through which many Christians encounter the ...

    • The Criminalization of Youth in Popular Art in Kenya 

      Charles, Kebaya (The Journal of Pan African Studies, 2018)
      Couched on cultural criminology, this article presents a critical exegesis of how popular cultural productions in Kenya mediate the “criminal” label among youth in Kenya using purposively selected ...