David Mayes
David Mayes is Professor of Banking and Financial Institutions at the University of Auckland. He was Advisor to the Board at the Bank of Finland for many years, and before that Chief Manager (now labelled Assistant Governor) and Head of Economics at the Reserve Bank of New Zealand. An author of more than 40 books and 300 academic articles, he is an Editor of the Economic Journal and a member of the Australia and New Zealand Shadow Financial Regulatory Committee.
David is a Contributory Editor to Central Banking, writing regularly for the Viewpoint column, which brings together timely analysis from experts across the globe. He specialises in banking reform and monetary policy.
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Articles by David Mayes
Book notes: Hole in the Wall, by James Shepherd-Barron
Cash machines have changed the way cash is managed, but is there a future for such machines in a world looking to go cashless?
Book notes: Architects of the Euro, edited by Kenneth Dyson and Ivo Maes
This biographical study of the 10 key players in the development of the Economic and Monetary Union provides a contrast to more historical analyses
Book notes: On central banking, by Jan Qvigstad
Qvigstad’s collection of lectures captures not just the culture of Norwegian central banking, but also an intellectual history of which the country can be proud
What else can central banks do?
Geneva Report’s plea for central banks to use more negative rates, additional QE and helicopter drops appears misguided
Book notes: And the weak suffer what they must?, by Yanis Varoufakis
A book that is likely to elicit strong opinions – but Varoufakis writes persuasively, and may well win over many of his readers, says David Mayes
Book notes: A few hares to chase, by Alan Bollard
The former Reserve Bank of New Zealand governor has produced a interesting account of the life of engineer-turned-economist Bill Phillips
Now banks face bail-in, should we rethink deposit insurance?
David Mayes argues deposit insurance schemes forged during crisis may impose unnecessary costs in more normal times
Book notes: Bretton Woods: the next 70 years
The Bretton Woods Committee has assembled a large number of distinguished authors for this volume, but ultimately the book ends up long on problems and short on solutions