Cardiff Business School People

Professor Kul Luintel

Professor of Economics

+44 (0)29 208 75534
S09, Aberconway Building, Colum Drive, Cardiff, CF10 3EU

I received my MPhil (1990) and PhD (1993) from Glasgow University.

I was a Central Banker but took academic 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. I rejoined the School of Business and Economics, Swansea University in January 2005 as a Professor of Finance and I moved to Cardiff University as a Professor of Economics in September 2006.

Teaching commitments

  • Advanced financial theory
  • Development finance
  • Econometrics/Advanced econometrics
  • Financial theory and corporate policy
  • Financial markets and instruments
  • International finance
  • Macroeconomics and models of economic growth

Research interests

  • Applied econometrics
  • Banking productivity
  • Block trade
  • Executives' option
  • Exogeneity of money
  • Financial development, financial structure and economic growth
  • Fiscal integration and fiscal solvency
  • Ideas production, knowledge spillovers and endogenous growth
  • International finance: Fisher relationship, spot & forward markets
  • R&D and productivity
  • Real exchange rate behaviour

PhD supervision research interests

  • CEO compensation and firm performance
  • Empirical (econometric) work using time series and panel data econometrics
  • Event studies
  • Exogeneity of money; spot and forward market efficiency
  • Financial policies, financial sector development and economic growth
  • Financial sector development and economic growth
  • Financial structure and economic growth
  • Fiscal integration and fiscal solvency; real exchange rate behaviour
  • International fisher effect
  • Knowledge spillovers and endogenous growth; knowledge and productivity
  • Modelling company cash holding
  • Modelling exchange rate behaviour
  • Modelling ideas production
  • Purchasing power parity
  • Stockmarket anomalies


  • American Economic Association
  • Canadian Economics Association
  • Royal Economic Society
  • Southern Economic Association