Dr Saten Kumar

Staff Profile Image of Saten Kumar

Associate Professor

Phone: +64 9 921 9999 – ext: 5817

Email: saten.kumar@aut.ac.nz


  • Doctor of Philosophy (Economics)
  • M. Com (Economics)
  • Postgraduate Diploma (Economics)
  • Bachelor of Education (Economics)

Memberships and Affiliations:

  • Royal Economic Society
  • Economic Society of Australia
  • Auckland Center for Financial Research


Teaching Areas:

  • Undergraduate teaching: Intermediate Macroeconomics and Intermediate Econometrics.
  • Postgraduate teaching: Advanced Macroeconomics

Research Areas:

  • Macroeconomics
  • Monetary Economics

Research Summary:

Saten Kumar’s research interests are in (i) inflation dynamics (price setting behavior of firms),(ii) how agents form their expectations, and(iii) inflation measurement and the welfare costs of inflation.He is currently using primary quantitative surveys to investigate the price setting behaviour of firms and the way they form their expectations. In doing so, he is able to assess whether the price-setting decisions are consistent with the theoretical framework of workhorse New Keynesian models. 

He has refereed articles for journals such as Journal of Macroeconomics, Applied Economics, Economic Modelling, Journal of International Money and Finance and Journal of International Financial Markets, Institutions and Money, among others.

Current Research Projects:

  • Firms inflation expectations.
  • Household money demand and the welfare cost of inflation.
  • Price setting in alternative markets.


  • Paradiso, A., Kumar, S. and Margani, P. “Are Italian Consumer Confidence Adjustments Asymmetric? A Macroeconomic and Psychological Motives Approach,” forthcoming in Journal of Economic Psychology
  • Paradiso, A., Kumar, S. and Rao, B.B “Investigating the US Consumer Credit Determinants Using Linear and Nonlinear Cointegration Techniques,” forthcoming in Economic Modelling
  • Kumar, S. (2014) “Money Demand Income Elasticity in Advanced and Developing Countries: New Evidence from Meta-Analysis,” Applied Economics, Vol.46(16), pp.1873-1882.
  • Kumar, S., Sen, R. and Srivastava, S. (2014) “Does Economic Integration Stimulate Capital Mobility? An Analysis of Four Regional Economic Communities in Africa,” Journal of International Financial Markets, Institutions and Money, Vol.29 (March), pp.33-50
  • Kumar, S. (2013) “Financial Crisis, Taylor Rule and the Fed,” Applied Economics Letters, Vol.20(17), pp.1557-1561
  • Paradiso, A., Kumar, S. and Rao, B.B. (2013) “A New Keynesian IS Curve for Australia: Is it Forward Looking or Backward Looking?” Applied Economics, Vol. 45(26), pp. 3691-3700.
  • Kumar, S., Chowdhury, M. and Rao, B.B. (2013) “Demand for Money in the Selected OECD Countries: A Time Series Panel Data Approach and Structural Breaks,” Applied Economics, Vol. 45(14), pp. 1767-1776.
  • Kumar, S. and Webber, D.J. (2013) “Australasian Money Demand Revisited: Application of Structural Break Tests,” Applied Economics, Vol 45(8), pp. 1011-1025.

Last updated: 22-Feb-2016 2.45pm

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