Professor Kul Luintel

Qualifications

MA (TU), MPhil & PhD (GLASGOW)

I received my Degree (MA) in economics in 1981 from TU, Nepal; MPhil (1990) and PhD (1993) both from Glasgow University. I was a Central Banker in Nepal. I took academia as my career by joining the Department of Economics, University of Wales Swansea, as a Lecturer in 1996. I was made a Professor of Economics at Brunel University in 2001 where I worked until, 2005. I rejoined the School of Business and Economics, University of Wales Swansea, in January 2005 as a Professor of Finance and worked there until I moved to Cardiff as a Professor of Economics in September 2006. I am a member of the Royal Economic Society, American Economic Association, Canadian Economics Association and Southern Economic Association.

Teaching profile

Econometrics, Macroeconomics, International Finance, Development Finance, Financial Theory and Corporate Policy, Advanced Financial Theory, Financial Markets and Instruments.

Research interests

Applied Econometrics; Finance, Financial Structure and Economic Growth; Ideas Production, Knowledge Spillovers and Endogenous Growth; Knowledge and Productivity; Fiscal Integration and Fiscal Solvency; Real Exchange Rate Behaviour; Exogeneity of Money; Spot and Forward Market Efficiency; Fisher Relationship; Block Trade; Executives' Option.

Selected publications

"Basic, Applied and Experimental Knowledge and Productivity: Further Evidence" (with Moss Khan), in press, Economics Letters.

"Private Information in Executive Stock Option Trades: Evidence of Insider Trading in the UK" (with K. Kyriacou and B. Mase), Economica, vol. 77 (2010), 751-774.

"Heterogeneous Ideas Production and Endogenous Growth: An Empirical Investigation" (with M. Khan), Canadian Journal of Economics, vol. 42 (2009), 1176-1205.

"Financial Structure and Economic Growth" (With M. Khan, P. Arestis and K. Theodoridis), Journal of Development Economics, 86 (2008) 181-200.

"Government Solvency: Revisiting some EMU Countries" (with Michael Arghyrou); Journal of Macroeconomics, vol. 29 (2007), pp. 387-410.

"Are common stocks a hedge against inflation?" (with K. N. Paudyal); Journal of Financial Research, vol.XXIX, No.1, PP. 1-9, Spring 2006.

"Are International R&D Spillovers Costly for the US?" (with Moss Khan), The Review of Economics and Statistics, Vol 86 (November, 2004), 896-910.

"Exogeneity of Money and its Policy Implications for Price Control: Evidence from South Asia", Pacific Economic Review vol. 7 (2002) 505-517.

"Fiscal Deficits in Monetary Unions: A Comparison of EMU and the United States" (with P. Aristis and M. Khan), Eastern Economic Journal, vol. 28 (2002), 89-103.

"The Long-run Behaviour of Real Exchange Rate: Evidence from Colonial Pennsylvania", (with T. Choudhry), Economics Letters, vol. 74 (2001), 25-30.

"Heterogeneous Panel Unit Root Tests and Purchasing Power Parity", The Manchester School (Supplement), vol. 69 (2001), 42-56.

"Financial Restraints in the South Korean Miracle", (with P. Demetriades), Journal of Development Economics, vol. 64, (2001), 459-479.

"Financial Development and Economic Growth: The Role of Stock Market", (with P. Arestis and P. O. Demetirades), Journal of Money Credit and Banking, vol. 33, No. 1 (February 2001) 16-41.

"Real Exchange Rate Behaviour: Evidence from Black Markets", Journal of Applied Econometrics, vol. 15 (2000), 161-185.

"A Quantitative Reassessment of the Finance-Growth Nexus: Evidence from a Multivariate VAR", (with M. Khan), Journal of Development Economics, vol. 60(1999), 381-405, 1999.

"Non-causality due to Irrelevant Lag-polynomials", Applied Economics Letters, vol. 6 (1999) 17-20.

"The ERM and the Fiscal Integration in the EU", (with Mark Holmes), Applied Economics Letters, vol. 6 (1999). 25-27.

"Productivity and Financial Sector Policies: Evidence from South East Asia", (with P. Demetriades and M. Devereux), Journal of Economic Behaviour and Organisation, vol. 35, Issue 1 (March 1998), 61-82.

"Common Stochastic Trends between Forward and Spot Exchange Rates", (with K. Paudyal), Journal of International Money and Finance, vol. 17 (May 1998), 279-297.

"The Direct Costs of Financial Repression: Evidence from India", (with P. Demetriades), The Review of Economics and Statistics (May 1997), 311-319.

"Regional Demand for Building Society Mortgage Finance", (with Mark Holmes), Ekonomia, vol. 1 (1997), 65-81.

"Banking Sector Policies and Financial Development in Nepal", (with P. Demetriades), Oxford Bulletin of Economics and Statistics, vol. 58 (May 1996), 355-372.

"Financial Development, Economic Growth and Banking Sector Controls: Evidence from India", (with P. Demetriades), The Economic Journal, vol. 106 (March 1996) pp. 359-374.