Economic recovery is stronger in states where people are more optimistic: study
Wednesday, May 25, 2011 - 15:30
in Mathematics & Economics
Economic recessions are weaker, expansions are stronger, and economic recovery is faster in U.S. states where people are more optimistic says a new study from the University of Miami School of Business Administration. Further, the effects are stronger in states where people are older, less educated and less socially connected.