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Bio

Dr. Alok Kumar received his PhD from Queen’s University. His areas of interest are Macroeconomics and Development Economics.

Interests

• Monetary Issues
• Growth and Development
• Gender Bias and Human Capital Investment
• Foreign Aid

Courses

• ECON 329, Development and Economics
• ECON 401, Advanced Macroeconomic Theory
• ECON 406, Monetary Economics
• ECON 506, Monetary Theory and Policy
• ECON 520, Economic Development
• ECON 552, Macroeconomic Issues

Selected Publications

• Kumar, A., 2023.`Financial market imperfections, informality and government spending multipliers“, Journal of Development Economics,  163, 103-103.
• Kumar, A. and Saleh, O., 2021.`Foreign aid and sectoral growth in Sub-Saharan Africa”, Journal of Developing Areas, 55(2), 77-90. 
• Kumar, A.,  2020.``Subjective household income risks and schooling investment in rural India”, Journal of Developing Areas, 54(2), 31-46.
• Kumar, A. and Saqib, N., 2017. "School absenteeism and child labour in rural Bangladesh," Journal of Developing Areas 51(3):299-316.
• Kumar, A., 2016. “Foreign aid, incentives and efficiency: can foreign aid lead to the efficient level of investment?”, Review of Development Economics, 21 (3), 678-697.
• Kumar, A., 2013,  "Preference based vs. market based discrimination: implications for gender differentials in child labor and schooling," Journal of Development Economics, 105:64-68.
• Kumar, A. and Chen, W. 2013, "Health, education and the dynamics of cross-country productivity differences," Applied Economic Letters,  20(12):1160-64.
• Kumar, A., 2012. “Self-employment, efficiency wage and public policies,” Economic Inquiry 50(4):1069-1079.
• Kumar, A. and Kober, B. 2012, “Urbanization, human capital and cross-country productivity differences,” with Brianna Kober, Economic Letters, 117, 14-17.
• Head, A, and  Kumar, A., and Lapham, B., 2010.  “Market power, price adjustment and inflation,’’  International Economic Review, 51(1):73-98.
• “Inflation and the dispersion of real wages,’’ 2008, International Economic Review, 49(2):377-399 (lead article).
• “Capital tax, minimum wage and labor market outcomes,’’ January 2008, Review of Economic Dynamics, 11(1):133-154.
• Head, A, and  Kumar, A., 2005.  ``Price dispersion, inflation and welfare,” International Economic Review, 46(2), 533-572. 

Books

• Governance, Social and Physical Infrastructure and Development, editors: Alok Kumar and Adam Scott, September 2011, Lambert Academic Publishing, Saarbrucken, Germany, ISBN 978-3-8454-7658-2.
• Monetary, Fiscal and Labor Market Policies in Frictional Economies, April 2010, Lambert Academic Publishing, Saarbrucken, Germany, ISBN 978-3-8383-4828-5.