Political economy of austerity

My PhD thesis focused on the political economy of fiscal austerity in OECD countries and Canadian provinces. Most research suggests that governments can impose cutbacks without seeing their popularity decrease, and that by implementing austerity, governments can reorient their expenditures towards more productive investments.

I argue that this view is mistaken and show that austerity reduces governments’ popularity and encourages them to prioritize public policies that are profitable in the short term, to the detriment of longer-term investments.

 

Publications:

Jacques, Olivier and Lukas Haffert. 2021. “Paying the Price of Austerity? Fiscal Consolidations Reduce Government Approval.” European Political Science Review. 13(2): 189-207. 

 

Jacques, Olivier. 2021. “Austerity and the path of least resistance : how fiscal consolidations crowd out long term investments.” Journal of European Public Policy. 28(4): 551-570.

Jacques, Olivier. 2020."Partisan priorities under fiscal constraints in Canadian provinces." Canadian Public Policy/Analyse de Politiques

 

Working paper

Jacques, Olivier. “Welfare state regimes and social policy resilience to austerity.”

Governing for the long-term

Under which conditions do governments implement policies that are beneficial in the long-term? This project highlights the effect of electoral competition, political institutions, and austerity to explain why governments adopt a long-term rather than short-term perspective. It focuses mostly on preventive health care as a long-term investment. 

 

Publication

 

Jacques, Olivier and Alain Noël. 2022. "The politics of public health investments." Social Science & Medicine

Jacques, Olivier. 2021. “The Electoral Politics of Long-term Investments.”Party Politics

Working papers

Ammi, Mehdi, Emmanuelle Arpin, Olivier Jacques and Alain Noël. "The partisan and fiscal determinants of public health spending in Canadian provinces."

Welfare states, inequality and population health

This project revisits classical questions in comparative welfare state research: does the paradox of redistribution, stating that universalism entails more redistribution and poverty reduction than targeting (Korpi and Palme 1998), still holds in the 21st century. How do we combine the political legitimacy and institutional solidity of a universal welfare state with the redistributive efficiency of targeted programmes? Furthermore, the project investigates the effect of social policies and income inequality on population health.

Publications

 

Jacques, Olivier and Alain Noël. 2022. “Welfare State Decommodification and Population Health.” Plos One.​

Jacques, Olivier and Alain Noël. 2021. "Targeting Within Universalism." Journal of European Social Policy. 31(1): 15-29.

Jacques, Olivier and Alain Noël. 2018. "The case for welfare state universalism, or the lasting relevance of the paradox of redistribution" Journal of European Social Policy. 28(1): 70-85

Public opinion towards fiscal policies

This research agenda concerns the relationship between fiscal policies and public opinion in several different projects. I am particularly interested in how people view budget deficits and to understand the determinants of willingness to pay taxes. 

Publications

Jacques, Olivier. Forthcoming. "Explaining willingness to pay: the role of income, education and ideology." Journal of European Social Policy.

Jacques, Olivier, Daniel Béland and André Lecours. 2022. "Fiscal Federalism, Social Identity and Place-Based Resentment." Regional Studies.

Jacques, Olivier and Éric Bélanger. 2022. "Deficit or Austerity Bias? The Changing Nature of Canadians' Opinion of Fiscal Policies." Canadian journal of Political Science

Working papers

Jacques, Olivier and David Weisstanner. "Economic Stagnation and Tax Policy Preferences". R&R. Working paper available here.

Borwein, Sophie, Olivier Jacques, Daniel Béland and André Lecours. “National standards or subnational autonomy : the politics of fiscal federalism in Canada.” R&R.

Abbott, Chris, Elizabeth Goodyear-Grant, Kyle Hanniman, Olivier Jacques and Scott Matthews “Stimulus or Austerity? How Central Banks Can Change Citizen’s Preferences.”