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Dr. Alok Kumar



On leave
Office: BEC 334 250-721-8543
PhD (Queen's)
Area of expertise:
Monetary economics, macroeconomics, development economics


Dr. Alok Kumar received his PhD from Queen’s University. His areas of interest are macroeconomics and development economics.


  • monetary issues
  • growth and development
  • gender bias and human capital investment
  • foreign aid


Selected publications

  • Kumar, A., 2019. "Subjective household income risks and schooling investment in rural India," Journal of Developing Areas.
  • Kumar, A., 2018. "Subjective income expectation and risks in rural India," Journal of Developing Areas.
  • Kumar, A. and Shergill, K., 2018. "The dynamics of rural non-farm employment in India," Indian Journal of Labour Economics.
  • Kumar, A., 2018. "Income risks and schooling investment in rural Bihar," Ideas for India, International Growth Centre, United Kingdom.
  • 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.
  • Kumar, A., “One more year of schooling or work: grade-transition and child labor in rural Bangladesh,” Journal of Developing Areas 49(3): 27-48.
  • Kumar, A., "Preference based vs. market based discrimination: implications for gender differentials in child labor and schooling," Journal of Development Economics, 2013, 105:64-68.
  • Kumar, A. and W. Chan, "Health, education and the dynamics of cross-country productivity differences," Applied Economic Letters, May 2013, 20(12):1160-64.
  • Kumar, A., 2012. “Self-employment, efficiency wage and public policies,” Economic Inquiry 50(4):1069-1079.
  • “Urbanization, human capital and cross-country productivity differences,” with Brianna Kober, Economic Letters, 2012.
  • “Market power, price adjustment and inflation,’’ with Allen Head and Bev Lapham, February 2010, International Economic Review, 51(1):73-98.
  • “Inflation and the dispersion of real wages,’’ May 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. Among the hottest 25 articles published in Review of Economic Dynamics.
  • "Price dispersion, inflation and welfare, with Allen Head, May 2005, International Economic Review, 46(2), 533-572. Among top 10 most cited papers published in International Economic Review during 2005-08.


  • 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. 

Faces of UVic Research video

 In this video, Alok talks about his research work looking at gender bias and human capitol investment.