Dr. Peterson Owusu Junior has many years of experience in economics and finance research, teaching, and training to both industry professionals, academics and graduate students, and development of new programmes. He completed his PhD in Finance at the Wits Business School (www.wbs.ac.za), University of the Witwatersrand, Johannesburg, South Africa. His doctoral work investigated spatial risks, tail risks, ranking of risk models, and higher moments contagion in relation to credit risk vulnerabilities and portfolio decision making in emerging financial markets. He is also a trained Financial Engineer from Mälardalen University in Sweden.
Dr. Owusu Junior has consulted for many private and governmental bodies including the International Finance Corporation (IFC), AFRIEXIM Bank, African Continental Free Trade Area (AfCFTA), and Bank of Ghana, among others. He is also a Principal Consultant at the African Review of Economics and Finance Consult (AREFC). Peterson is a data science, data analytics, and machine learning enthusiast and has undertaken several courses and individual projects with applications to finance and social issues.
Peterson has an outstanding expertise in time series analysis with a blend of spatial analysis focusing on financial markets risks and opportunities. His PhD is the first to apply the joint Value-at-Risk (VaR) and Expected Shortfall (ES) (VaRES) technique to emerging markets indices, spatial autocorrelations to Global Liquidity Indices (GLI), and roles of higher moments in interdependence and contagion in these markets. These has shed new light on the debate between time-varying risk models and geographical footprints of selected markets on the themes of macro-prudential analysis, standardised framework of Basel III versus internal risk models, credit risk spillovers, international portfolio diversification, international trade, and policy decision making concerning these important issues.
Dr. Owusu Junior has published in high-profile peer-reviewed journals, including but not limited to Physica A, Resources Policy, Economics and Business Letters, Research in International Business and Finance, Cogent Economics & Finance, Cogent Business & Management, and Journal of Real Estate Research. He has also acted as ad hoc reviewer for many top-tier journals such as Physica A, Journal of Public Affairs, International Journal of Emerging Markets, International Journal of Economics & Finance, Cogent Economics & Finance, Cogent Food & Agric, International Journal of Information Technology & Decision Making, Anatolia, African Review of Economics & Finance, etc. He co-authored the book Financial Econometrics: An Example-based Handbook, published by Nova Science Pub. Inc. He has received the “Highly Commended Paper” award from the Journal of European Real Estate Research - Literati Award Winners 2020. Dr. Owusu Junior is also the winner of the Best College-Level Researcher Award for the College of Humanities and Legal Studies (CHLS), UCC for two consecutive years (2022 and 2023). He is an Editorial Board Member for Humanities and Social Sciences Communications, Editorial Review Board Member for IIMBG Journal of Sustainable Business and Innovation, Associate Editor for African Review of Economic & Finance, and Editorial Board Member for Frontiers in Environmental Science.
Dr. Owusu Junior has taught courses in economics and finance such as Financial Modelling, Financial Econometrics, Managerial Economics, Financial Engineering & Risk Management, Statistics for Business Research, Applied Data Analysis, and Financial Computations with Spreadsheet Applications at the postgraduate level (MBA, MSc. and MPhil). At the undergraduate level, the course he has taught include Quantitative Methods, Business Statistics, Data Analysis with Statistical Packages, Risk Management & Insurance, etc.
He has also supervised over 30 master students to successful completion of their thesis from the Wits Business School (WBS), University of Cape Coast (UCC), and Kwame Nkrumah University of Science & Technology (KNUST). He employs R, Python, OxMetrics, MatLab, EViews, Stata, Java, R Markdown, and LaTeX (Overleaf) typesetting system in teaching, training, and research.
Dr. Peterson Owusu Junior was born and raised in Kumasi, Ghana. He studied in Ghana, Sweden, and South Africa, and lives in Cape Coast. He enjoys watching Sci-Fi and legal movies and coding in his spare time.