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David Aikman

Professor David Aikman

Director of the Qatar Centre for Global Banking & Finance

  • Professor of Finance (Practice)

Research interests

  • Banking & Finance

Biography

David Aikman joined King’s Business School in April 2020 as Professor of Finance and Director of the Qatar Centre for Global Banking and Finance. Previously, he spent 17 years working as an economist at the Bank of England – most recently in the role of Technical Head of Division in the Financial Stability Strategy and Risk Directorate where he led the Bank’s work on various macroprudential issues.

Between 2013 and 2015, David was seconded to the Board of Governors of the Federal Reserve System in Washington DC, where he worked as an advisor in the Division of Financial Stability. In 2008, David was a Visiting Scholar at the Bank of Japan’s Institute for Monetary and Economic Studies. David has represented the Bank in various international fora, including meetings of the Financial Stability Board, the Basel Committee, and the European Systemic Risk Board.

He is the author of various research papers on financial stability and macroprudential policy, and has a Ph.D. in Economics from the University of Warwick.

Are you accepting new PhD students?

Yes

Selected Publications

Aikman, David, Jonathan Bridges, Anil Kashyap, and Caspar Siegert. 2019. "Would Macroprudential Regulation Have Prevented the Last Crisis?" Journal of Economic Perspectives, 33 (1): 107-30. DOI: 10.1257/jep.33.1.107

David Aikman, Andrew G. Haldane, Benjamin D. Nelson, Curbing the Credit Cycle, The Economic Journal, Volume 125, Issue 585, 1 June 2015, Pages 1072–1109, https://doi.org/10.1111/ecoj.12113

David Aikman, Oliver Bush, and Alan M. Taylor. “Monetary Versus Macroprudential Policies: Causal Impacts of Interest Rates and Credit Controls in the Era of the UK Radcliffe Report” NBER Working Paper No. 22380 June 2016, Revised November 2018

Aikman, D., Haldane, A., Hinterschweiger, M. & Kapadia, S., 2019, “Rethinking Financial Stability”, published in Evolution or Revolution. Blanchard, O. & Summers, L. (eds.). MIT Press, p. 143-194

Aikman, David & Kiley, Michael & Lee, Seung Jung & Palumbo, Michael G. & Warusawitharana, Missaka, 2017. "Mapping heat in the U.S. financial system," Journal of Banking & Finance, Elsevier, vol. 81(C), pages 36-64.

Research

QCBPromo
Qatar Centre for Global Banking & Finance

The Qatar Centre for Global Banking & Finance is a research centre dedicated to the study of central banks and the challenges they face in the global environment. It aims to develop cutting-edge research in all areas of central bank policy making, ranging from monetary policy to financial stability and regulation.

News

King's Business School students take on the role of the world's financial regulators in a first-of-its-kind debate

Student teams role-played as different financial bodies to discuss the role of central banks in the green transition

kbsevent_2024-02-29_0271

Financial sector experts join King's event at COP28

Experts from King’s hosted an event at COP28 in collaboration with the United Nations (UN), to examine the role of the financial services sector in the...

COP28 (2)

New research shows how companies could be gaming their reported greenhouse gas emissions

Team make five policy recommendations to prevent gaming undermining effectiveness of climate finance

A cloud of emissions floats from a factory or power station's tall chimney stacks

News tracker: COP27 expert commentary and updates

All the latest from across King's relating to COP27, climate, sustainability and more.

Cop27 News 2

Young Economist Prize Competition 2022 Winners

Congratulations to the winners of the 2022 Young Economist Prize Competition hosted by the Qatar Centre for Global Banking and Finance.

QCGBF YE PRIZE FINALISTS 2022A

Is the time right for negative rates in the UK?

The economic crisis triggered by the Covid-19 pandemic, coupled with historically low interest rates and persistently low inflation, is prompting a rethink...

Seat of the European Central Bank and Frankfurt Skyline at dawn

Sovereign green bonds: What role can they play in the transition to net zero?

In March, the Qatar Centre of Global Banking & Finance and the Climate Law and Governance Centre at King’s convened a policy forum of experts to discuss the...

Green Sovereign Bonds Event Image QCGBF (2)

KBS-Mathematics-Informatics Research Discussion on Climate Finance

Virtual meeting held to discuss research collaboration in the field of climate finance.

King's flag London

The objectives of macroprudential mortgage measures: an exploration

In a report prepared for the Central Bank of Ireland, Professor David Aikman, Director of the Qatar Centre for Global Banking and Finance, discusses the...

David Aikman macroprudential

Spring School in Monetary & Financial Policy Analysis

The global economy is undergoing profound change, from the impact of climate change to the growth of digital currencies. At the same time, we are seeing rapid...

Monetary & Financial Policy Analysis spring school

Events

29FebGreat Debate

The Great Debate - The role of central banks in the green transition

Get ready for the ultimate battle of brains and innovation as six student teams go head-to-head in a high-stakes debate.

Please note: this event has passed.

06DecPanel Speaking at QCGBF Event at COP 28

How to mobilize capital to invest in decarbonization technologies towards net zero

This roundtable aims to address how to raise the capital needed to invest in new technologies across industries towards net-zero targets

Please note: this event has passed.

08FebClimate finance group qcgbf

Climate Finance Workshop - 8 February 2024

In-person workshop on Climate Finance - open to all.

Please note: this event has passed.

28SepAngled Image of the Bank of England

The Research Handbook of Macroprudential Policy Conference

This conference brings leading academics and policymakers working in the area of macroprudential policy, reflecting on the policy framework over the past...

Please note: this event has passed.

12AprWebinar thumbnail

Perspectives on the banking turmoil: Panel discussion

Qatar Centre for Global Banking and Finance, webinar chaired by Professor David Aikman, it will discuss recent turmoil in the banking sector.

Please note: this event has passed.

06JulQCGBF Banner 1500x990

Qatar Centre for Global Banking & Finance Annual Conference 2023

The Qatar Centre for Global Banking & Finance at King’s Business School will host its 3rd annual conference in London on 6 & 7 July 2023.

Please note: this event has passed.

23FebFeb2023ClimateWorkshopforWebsite

Climate Finance Workshop - 23 February 2023

Join us for the next Climate Finance Workshop hosted by the Qatar Centre for Global Banking & Finance and the King’s Climate Hub.

Please note: this event has passed.

21NovVirtual Seminar Series QATAR CENTRE FOR GLOBAL BANKING & FINANCE (3)

QCGBF Virtual Seminar Series: James Cloyne: Short-Term Tax Cuts, Long-Term Stimulus

The Qatar Centre for Global Banking & Finance welcomes James Cloyne from the University of California Davis to present this virtual seminar.

Please note: this event has passed.

05DecVirtual Seminar Series QATAR CENTRE FOR GLOBAL BANKING & FINANCE (3)

QCGBF Virtual Seminar Series: Timothy Jackson: Optimal Central Bank Balance Sheets

The Qatar Centre for Global Banking & Finance welcomes Timothy Jackson from the University of Liverpool to present this virtual seminar.

Please note: this event has passed.

26SepVirtual Seminar Series QATAR CENTRE FOR GLOBAL BANKING & FINANCE (3)

QCGBF Virtual Seminar Series: Michael Kumhof: The Open Economy Macroeconomics of Central Bank Digital Currencies

The Qatar Centre for Global Banking & Finance welcomes Michael Kumhof from the Bank of England (BoE) to present this virtual seminar.

Please note: this event has passed.

Research

QCBPromo
Qatar Centre for Global Banking & Finance

The Qatar Centre for Global Banking & Finance is a research centre dedicated to the study of central banks and the challenges they face in the global environment. It aims to develop cutting-edge research in all areas of central bank policy making, ranging from monetary policy to financial stability and regulation.

News

King's Business School students take on the role of the world's financial regulators in a first-of-its-kind debate

Student teams role-played as different financial bodies to discuss the role of central banks in the green transition

kbsevent_2024-02-29_0271

Financial sector experts join King's event at COP28

Experts from King’s hosted an event at COP28 in collaboration with the United Nations (UN), to examine the role of the financial services sector in the...

COP28 (2)

New research shows how companies could be gaming their reported greenhouse gas emissions

Team make five policy recommendations to prevent gaming undermining effectiveness of climate finance

A cloud of emissions floats from a factory or power station's tall chimney stacks

News tracker: COP27 expert commentary and updates

All the latest from across King's relating to COP27, climate, sustainability and more.

Cop27 News 2

Young Economist Prize Competition 2022 Winners

Congratulations to the winners of the 2022 Young Economist Prize Competition hosted by the Qatar Centre for Global Banking and Finance.

QCGBF YE PRIZE FINALISTS 2022A

Is the time right for negative rates in the UK?

The economic crisis triggered by the Covid-19 pandemic, coupled with historically low interest rates and persistently low inflation, is prompting a rethink...

Seat of the European Central Bank and Frankfurt Skyline at dawn

Sovereign green bonds: What role can they play in the transition to net zero?

In March, the Qatar Centre of Global Banking & Finance and the Climate Law and Governance Centre at King’s convened a policy forum of experts to discuss the...

Green Sovereign Bonds Event Image QCGBF (2)

KBS-Mathematics-Informatics Research Discussion on Climate Finance

Virtual meeting held to discuss research collaboration in the field of climate finance.

King's flag London

The objectives of macroprudential mortgage measures: an exploration

In a report prepared for the Central Bank of Ireland, Professor David Aikman, Director of the Qatar Centre for Global Banking and Finance, discusses the...

David Aikman macroprudential

Spring School in Monetary & Financial Policy Analysis

The global economy is undergoing profound change, from the impact of climate change to the growth of digital currencies. At the same time, we are seeing rapid...

Monetary & Financial Policy Analysis spring school

Events

29FebGreat Debate

The Great Debate - The role of central banks in the green transition

Get ready for the ultimate battle of brains and innovation as six student teams go head-to-head in a high-stakes debate.

Please note: this event has passed.

06DecPanel Speaking at QCGBF Event at COP 28

How to mobilize capital to invest in decarbonization technologies towards net zero

This roundtable aims to address how to raise the capital needed to invest in new technologies across industries towards net-zero targets

Please note: this event has passed.

08FebClimate finance group qcgbf

Climate Finance Workshop - 8 February 2024

In-person workshop on Climate Finance - open to all.

Please note: this event has passed.

28SepAngled Image of the Bank of England

The Research Handbook of Macroprudential Policy Conference

This conference brings leading academics and policymakers working in the area of macroprudential policy, reflecting on the policy framework over the past...

Please note: this event has passed.

12AprWebinar thumbnail

Perspectives on the banking turmoil: Panel discussion

Qatar Centre for Global Banking and Finance, webinar chaired by Professor David Aikman, it will discuss recent turmoil in the banking sector.

Please note: this event has passed.

06JulQCGBF Banner 1500x990

Qatar Centre for Global Banking & Finance Annual Conference 2023

The Qatar Centre for Global Banking & Finance at King’s Business School will host its 3rd annual conference in London on 6 & 7 July 2023.

Please note: this event has passed.

23FebFeb2023ClimateWorkshopforWebsite

Climate Finance Workshop - 23 February 2023

Join us for the next Climate Finance Workshop hosted by the Qatar Centre for Global Banking & Finance and the King’s Climate Hub.

Please note: this event has passed.

21NovVirtual Seminar Series QATAR CENTRE FOR GLOBAL BANKING & FINANCE (3)

QCGBF Virtual Seminar Series: James Cloyne: Short-Term Tax Cuts, Long-Term Stimulus

The Qatar Centre for Global Banking & Finance welcomes James Cloyne from the University of California Davis to present this virtual seminar.

Please note: this event has passed.

05DecVirtual Seminar Series QATAR CENTRE FOR GLOBAL BANKING & FINANCE (3)

QCGBF Virtual Seminar Series: Timothy Jackson: Optimal Central Bank Balance Sheets

The Qatar Centre for Global Banking & Finance welcomes Timothy Jackson from the University of Liverpool to present this virtual seminar.

Please note: this event has passed.

26SepVirtual Seminar Series QATAR CENTRE FOR GLOBAL BANKING & FINANCE (3)

QCGBF Virtual Seminar Series: Michael Kumhof: The Open Economy Macroeconomics of Central Bank Digital Currencies

The Qatar Centre for Global Banking & Finance welcomes Michael Kumhof from the Bank of England (BoE) to present this virtual seminar.

Please note: this event has passed.