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About David Aikman (Edit profile)

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. He spent 17 years working as an economist at the Bank of England – most recently in the Technical Head of Division role in the Financial Stability Strategy and Risk Directorate. He led the Bank’s work on various macroprudential issues.
7 01, 2022

Reactions to the Bank of England’s December 2021 Financial Stability Report

, 2022-01-07T10:33:43+00:00

Forensic scrutiny of the decisions taken by policymakers and the analysis that underpins them is an essential component of a healthy public policy regime, particularly one where power has been delegated from elected politicians to unelected officials. One of our chief concerns with the evolving macroprudential policy regime is that there is so little scrutiny of what is and what is not being said or done by policymakers. We [...]

Reactions to the Bank of England’s December 2021 Financial Stability Report, 2022-01-07T10:33:43+00:00
8 12, 2021

How has the Financial Policy Committee’s objective changed since its inception?

2021-12-09T16:52:48+00:00

In this article, we take stock of the cumulative effect of the various changes that have been made over time to the Financial Policy Committee (FPC)’s mandate via the Chancellor of the Exchequer’s annual “remit and recommendations” letter. Our focus is what impact has there been on the relative balance between promoting resilience and stability versus pursuing other government policy objectives, including promoting financial innovation, the role of the [...]

How has the Financial Policy Committee’s objective changed since its inception?2021-12-09T16:52:48+00:00
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