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
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
New research sets out three overlooked opportunities to fund net zero transition
Governments, regulators and global financial institutions are overlooking major opportunities to unlock the estimated US$9.2 trillion worth of financing...
A climate finance policy playbook for the new UK government
A higher Capital Gains Tax rate for heavy carbon emitters and streamlined listings rules for green companies are just two of the urgent policy recommendations...
Young Economist Prize Competition 2024
Congratulations to the finalists of the 2024 Young Economist Prize Competition hosted by the Qatar Centre for Global Banking and Finance.
Leading economists make recommendations to improve the UK's inflation forecasting
Experts comment on the recent Bernanke Review into the Bank of England’s forecast process, highlighting five themes and offering recommendations
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
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...
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
News tracker: COP27 expert commentary and updates
All the latest from across King's relating to COP27, climate, sustainability and more.
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.
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...
Events
Accelerating transition: climate finance policies for Labour to prioritise now
Accelerating Transition: Climate Finance Policies to Prioritise in the First 100 Days
Please note: this event has passed.
Bank of England Watchers' Conference 2024
Bank of England Watchers' Conference 2024
Please note: this event has passed.
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.
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.
Climate Finance Workshop - 8 February 2024
In-person workshop on Climate Finance - open to all.
Please note: this event has passed.
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.
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.
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.
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.
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.
Features
Managing Transition Risks to Net Zero
Professor David Aikman, Director of the Qatar Centre for Global Banking and Finance, explains the critical and difficult role central banks play in balancing...
Research
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
New research sets out three overlooked opportunities to fund net zero transition
Governments, regulators and global financial institutions are overlooking major opportunities to unlock the estimated US$9.2 trillion worth of financing...
A climate finance policy playbook for the new UK government
A higher Capital Gains Tax rate for heavy carbon emitters and streamlined listings rules for green companies are just two of the urgent policy recommendations...
Young Economist Prize Competition 2024
Congratulations to the finalists of the 2024 Young Economist Prize Competition hosted by the Qatar Centre for Global Banking and Finance.
Leading economists make recommendations to improve the UK's inflation forecasting
Experts comment on the recent Bernanke Review into the Bank of England’s forecast process, highlighting five themes and offering recommendations
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
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...
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
News tracker: COP27 expert commentary and updates
All the latest from across King's relating to COP27, climate, sustainability and more.
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.
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...
Events
Accelerating transition: climate finance policies for Labour to prioritise now
Accelerating Transition: Climate Finance Policies to Prioritise in the First 100 Days
Please note: this event has passed.
Bank of England Watchers' Conference 2024
Bank of England Watchers' Conference 2024
Please note: this event has passed.
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.
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.
Climate Finance Workshop - 8 February 2024
In-person workshop on Climate Finance - open to all.
Please note: this event has passed.
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.
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.
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.
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.
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.
Features
Managing Transition Risks to Net Zero
Professor David Aikman, Director of the Qatar Centre for Global Banking and Finance, explains the critical and difficult role central banks play in balancing...