Dr. Alok Kumar

Research Interests: Macro and Monetary Economics and Growth and Development


Google Scholar Page



Government Spending and Macro-Economic Outcomes in India: Presentation Video




Articles and Book Chapters: 


24. `` Foreign Aid and Sectoral Growth in Sub-Saharan Africa, with Omar Saleh, Spring 2021, Journal of Developing Areas, 55(2), 77-90.

23. ``Subjective Household Income Risks and Schooling Investment in Rural India”, Winter 2020, Journal of Developing Areas, 54(2), 31-46.

22. ``Subjective Income Expectations and Risks in Rural India”, Summer 2019, Journal of Developing Areas, 53(4), 11-25.

21. ``Income Risks and Schooling Investment in Rural Bihar”,  17 September, 2018, Ideas for India.

20. ``The Dynamics of Rural Non-Farm Employment in India”, with Kam Shergill, The Indian Journal of Labour Economics, Elsvier, 2017, 60(4), 613-624. 

               19. ``School Absenteeism and Child Labor in Rural Bangladesh”, with Najmus Saqib, August 2017, Journal of Developing Areas, 51(3), 299-316.  


18. `` Foreign Aid, Incentives and Efficiency: Can Foreign Aid Lead to Efficient Level of Investment“, August 2017, Review of Development

  Economics, 21(3), 678-697.


17. ``Samaritan's Dilemma, Time-Inconsistency and Foreign Aid: A Review of Theoretical Models   ‘’, September 2015, Chapter 6, The Handbook of

    Economics of  Foreign Aid Edward Elgar, Editors Mak and Byron Lew.


        16. “ One More Year of Schooling or Work:  Grade-Transition and Child Labor in Rural Bangladesh’,   Summer 2015, Journal of Developing Areas,


                     49(3), 27-48.


15.     “Preference Based Vrs Market Based Discrimination: Implications for Gender Differentials in Child Labor and Schooling’’, November 2013, Journal of Development Economics, 105, 64-68.

14.   “Education, Health, and the Dynamics of Cross-Country Productivity Differences’’, with Wenshu Chen, May 2013, Applied Economics Letters, 20(12), 1160-64.

13. “Self-Employment, Efficiency Wage, and Public Policies’’, October 2012, Economic Inquiry, 50(4), 1069-79.   

12. “Urbanization, Human Capital, and Cross-Country Productivity Differences’’, with Brianne Kober, October 2012, Economics Letters, 117, 14-17. 


11. ``Taxes, Minimum Wage and the Dispersion of Wages”, in ``Taxation, Tax Policies, and Income Taxes” Ed. W.J. Berube and C. N. Pinto, Nova Sciences Publishers, NY, February 2010, ISBN-10: 160741623.


10. “Market Power, Price Adjustment, and Inflation’’, with Allen Head and Bev Lapham, February 2010, International Economic Review, 51(1), 73-98.


9. “Inflation and the Dispersion of Real Wages’’, May 2008, International Economic Review, 49(2), 377-399 (Lead Article).

8. “Capital Tax, Minimum Wage, and Labor Market Outcomes’’, January 2008, Review of Economic Dynamics, 11(1), 133-154. Among the hottest twenty-five articles published in Review of Economic Dynamics.

7. Price Dispersion, Inflation, and Welfare, with Allen Head, May 2005, International Economic Review, 46(2), 533-572. Among top ten most cited papers published in International Economic Review during 2005-08.

6. “Monopsony and Labour Market Flows and Policies”, December 2005, Indian Journal of Labour Economics, 48(4), 463-474 (Lead Article), Elsvier.

5. “Agricultural Development of Bihar”, 2001, in Accelerating Growth though Globalization of Indian Agriculture, Edited  by K.P. Kalirajan, G. Mytthili, and U. Sankar, Macmillan India Ltd., Delhi, pages 167-195.

4. “Agriculture, Employment, and Poverty: Emerging Trends in Bihar”, with A. N. Sharma, 1997, in  Growth, Employment, and Poverty: Change and Continuity in Rural India, Edited by Chadha, G.K.and A.N. Sharma, Vikas Publishing House Pvt.Ltd., Delhi, 1997, pages 365-387.

3. “Indian Tea Exports- An Analysis of Performance and Constraints”, with Ramani Kumar, December 1994, Foreign Trade Review, pages 160-180.

2. “Determinants of the Incidence of Poverty among Rural Labor- a Cross-Sectional Study”, December, 1994, Indian Journal of Labor Economics, 37(4), pages 639-652.

1. “Rural Non-Farm Employment- a Static and Dynamic Study of Inter-State Variations”, September 1993, Indian Journal of Labor Economics, 36(3), pages 440-453.


1.    “Monetary, Fiscal, and Labor Market Policies in Frictional Economies’’, April 2010, Lambert Academic Publishing, Saarbrucken, Germany, ISBN 978-3-8383-4828-5.


2.    “Governance, Social and Physical Infrastructure, and Development’’, May 2011, Ed. Alok Kumar and Adam Scott, Lambert Academic Publishing, Saarbrucken, Germany, ISBN 978-3-8454-7658-2.


3.    “The Challenges of Economic Development’’, October 2016, Ed. Alok Kumar and Sherri Liu, Lambert Academic Publishing, Saarbrucken, Germany, ISBN 978-3-659-96957-7.