Research on Economics Reported by a Researcher at Queen’s University (When partisanship and technocratic credibility collide: mass attitudes and central bank endorsements of fiscal policy in Canada and the USA): Economics

2025 JAN 03 (NewsRx) -- By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily -- Investigators discuss new findings in agriculture. According to news originating from Queen’s University by NewsRx correspondents, research stated, “Developments over the past decade have made it increasingly difficult for central banks to achieve their macroeconomic objectives without the help of fiscal policy, resulting in some surprisingly public efforts from central banks to influence the size and direction of government budget balances.”

Our news editors obtained a quote from the research from Queen’s University: “But do voters find central bank appeals persuasive and what are the reputational consequences of engaging the public on this sensitive issue, particularly in the event of partisan counterattacks? We examine these issues with two parallel survey experiments conducted in Canada and the USA. The results suggest central bank endorsements modestly increased support for expansionary fiscal policies.”

According to the news editors, the research concluded: “They also suggest the right’s attack on the central bank may have backfired-ultimately improving rather than undermining the bank’s reputation among non-conservatives. This research has implications for theoretical work in political psychology and public economics and for on-going empirical debates about voters’ attitudes toward austerity.”

For more information on this research see: When partisanship and technocratic credibility collide: mass attitudes and central bank endorsements of fiscal policy in Canada and the USA. Socio-Economic Review, 2024. The publisher for Socio-Economic Review is Oxford University Press (OUP).

A free version of this journal article is available at https://doi.org/10.1093/ser/mwae078.

Our news journalists report that additional information may be obtained by contacting Kyle Hanniman, Department of Political Studies, Queen’s University, 68 University Avenue, Mackintosh-Corry Hall, . Additional authors for this research include Olivier Jacques, J Scott Matthews, Christopher Abbott, Elizabeth Goodyear-Grant.

ORCID is an identifier for authors and includes bibliographic information. The following is ORCID information for the author of this research: Olivier Jacques (http://orcid.org/0000-0002-3864-1773).

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