Evaluation of resilience impact on socio-economic inequality

Aistė Dirzytė (), Ona Gražina Rakauskienė () and Vaida Servetkienė ()
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Aistė Dirzytė: Mykolas Romeris University, Lithuania
Ona Gražina Rakauskienė: Mykolas Romeris University, Lithuania
Vaida Servetkienė: Mykolas Romeris University, Lithuania

Entrepreneurship and Sustainability Issues, 2017, vol. 4, issue 4, 489-501

Abstract: This paper presents a new approach according to which the issue of socio-economic inequality is addressed not by applying social or fiscal policy measures, but by strengthening societal psychological resilience: by shaping a society characterized by a high level of social culture and education, by fostering a society in which individuals are resistant to life difficulties. In this paper, we pursue the aim of demonstrating the socio-economic vulnerability factors, the importance of strengthening resilience and reduction of socio-economic inequality, by analyzing data of a survey which was conducted in 2016 (representative sample, n=1001). The research results have demonstrated statistically significant differences of resilience in different income quintiles’ groups and resilience in different subjective socio-economic status groups and have revealed statistically significant differences in reaction to life difficulties in different income quintiles’ groups and in different subjective social economic status groups.

Keywords: socio-economic inequality; vulnerability; vulnerable social groups; resilience; hardiness; household income; subjective socio-economic stratification; Lithuania (search for similar items in EconPapers)
JEL-codes: A14 D31 D63 Z13 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:4:y:2017:i:4:p:489-501

DOI: 10.9770/jesi.2017.4.4(7)

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