
Education
- Ph.D., Auburn University, 1993.
- M.A., Thammasat University, 1984.
Major: Economics - Degree in Economics, Tribhuvan University, 1978.
Major: Economics
About Kamal
Kamal Upadhyaya was born and raised in Nepal. A Ford Foundation scholar, he earned his M.A. in Economics from Thammasat University in Bangkok, Thailand, before beginning his research career at the Center for Economic Development and Administration (CEDA) in Kathmandu. He later worked as a Program Officer with the United Nations Development Programme (UNDP) in Dar es Salaam, Tanzania, and went on to earn his Ph.D. from Auburn University in 1993.
Before joining the University of New Haven (UNH), Dr. Upadhyaya held faculty positions at Salisbury University, Penn State Berks, and Lehigh Valley College. He served as Chair of the Department of Economics and Finance at UNH from 2007 to 2014, where he helped launch a B.A. in Economics with a concentration in Business Analytics. His teaching focuses on microeconomic theory, macroeconomic theory, and international economics.
Dr. Upadhyaya is a highly productive scholar, ranked in the top 5% of authors by RePEc, and was named a University Research Scholar from 2008 to 2017. He has published over 140 articles in leading economics journals and currently serves as editor of the American Business Review and on the editorial boards of several academic journals.
Published Intellectual Contributions
Recent Publications
“Forecasting foreign direct investment using optimized Hausdorff fractional multivariate grey Bernoulli model” (with G. Duman and E. Kongar), Journal of Financial Economic Policy, 2025.
“Oil price shocks and the macroeconomy: new evidence from Eastern European countries” (with Frank Mixon and Hem Basnet), Applied Economics, 2025.
“Government Debt Service, Interest Rates, and Macroeconomic Stability: A Conceptual Approach” (with Richard Cebula, Jason Jolly, and Frank Mixon), Theoretical and Applied Economics, 2025.
Scholarly Books
Franklin G. Mixon, Jr. and Kamal P. Upadhyaya, The Political Economy of Private Saving in the U.S.: Evidence on the Social Opportunity Costs of Public Policy, Writers Club Press, Lincoln., 2002.
Franklin G. Mixon, Jr. and Kamal P. Upadhyaya, Legislative Television as Political Advertising: A Public Choice Approach,iUniverse, Inc., New York, 2003
Book Chapter
"Ideology in the Principles of Economics Classroom" in Franklin G. Mixon, Jr. edited Shaping the Learning Curve, iUniverse, New York, 2005, pp. 98-109.
Conference Presentations
Basnet, H. and Upadhyaya, K. P. International Trade and Finance Association Meeting, "Do Remittances Attract Foreign Direct Investment?," Montreal, Canada. (May 2013).
Upadhyaya, K. P., Basnet, H., Eastern Economic Association meeting, "Macroeconomic Impacts of Oil Price Changes in selected Asian Countries," New York. (March 2013).
Media Contributions
- "Fast Food Workers Walk Off Jobs in Hartford, New Haven" NBC Connecticut, December 2013. http://www.nbcconnecticut.com/news/local/Fast-Food-Workers-Go-on-Strike-in-Hartford-New-Haven--234582391.html.
- "3 ways to reform the labor" Foxnews.Com, July 10, 2012
- Fox News CT (Hartford) interview on unemployment report, July 5, 2012
- "Borrowing and other loans will become more expansive", Interview, India Abroad, August 18, 2011.
- " You and Yuan" Interview by Charles Slack, FX International Payments, American Express, April 2011.
- "Dr. Yadav Prasad Pant: A true hero" op-ed on first Nepalese Economist, Republica, Nov. 18, 2010.
- "A floating Chinese Yuan could help and hurt U.S. companies" Interview, USA Today, June 22, 2010.
- " Companies abroad needs U.S. tax pass" op-ed , New Haven Register, August 20, 2009.
- "This will take US into European-style socialism" Interview, India Abroad, February 27, 2009.
- "Locksmith business growth in Connecticut" Interview, Connecticut Post, July 22, 2009.
Project Involvement
"Economic Impact of the University of New Haven in New Haven County in 2009" (with Richard Highfield), 2010.
Economist/Econometrician, Impact of Environmental Regulation on the Blue Crab Industry in Maryland, Maryland Department of Natural Resources, 1997.
Doctoral Dissertation/Thesis Examiner
External Examiner, Bilquees Azra, Aligarh Muslim University, 2013.
External Examiner, Ikbal Jafar Ansari, Aligarh Muslim University, 2012.
External Examiner, Kallu S. Reddy, Ph.D., Pondicherry University, India , 2010.
Courses Taught
- ECON Micro and Macroeconomics, 1 course
- ECON 3340 Microeconomic Analysis, 2 courses
- ECON 3341 Macroeconomic Analysis, 1 course
- ECON 4400 Economics Capstone I, 1 course
- ECON 601 Micro and Macroeconomics, 1 course
- ECON 6601 Macroeconomics/Microeconomics, 1 course
