We analyze and experimentally demonstrate a new (temporal) Talbot effect, where a pulsed phase grating is applied to a cloud of cold atoms (Bose-Einstein condensate). In contrast to the usual (spatial) Talbot effect, our atoms gain kinetic energy when diffracted by the pulsed grating. The energy gain and the matter-wave-dispersion relation result in an exact (no paraxial approximation) Talbot effect where the initial wave front is reconstructed at multiples of a ``Talbot time''
TT. We demonstrate the Talbot effect by applying a second pulsed phase grating after a variable delay. When this second grating is applied at even (odd) multiples of
TT/2, it doubles (cancels) the effect of the first pulsed grating.
We experimentally investigate a uniform pulse sequence in which atom interference is realized using the temporal matter-wave Talbot effect in an atom-optic kicked rotor system. Multi-path interference is obtained in asymmetric configuration with momentum differences up to $\pm$14
ℏk, by virtue of Talbot resonance. We experimentally confirm the theoretical limit placed on the performance of this interferometer by the finite momentum distribution of the initial ensemble consisting of a Bose-Einstein condensate (BEC). This limitation on sensitivity, occurring due to the degradation of resonant dynamics is also important in the realization of a one-dimensional continuous-time quantum walk in the implementation of quantum search algorithms.