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Evaluation of resilience impact on socio-economic inequality

Author

Listed:
  • Aistė Dirzytė

    (Mykolas Romeris University, Lithuania)

  • Ona Gražina Rakauskienė

    (Mykolas Romeris University, Lithuania)

  • Vaida Servetkienė

    (Mykolas Romeris University, Lithuania)

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.

Suggested Citation

  • Aistė Dirzytė & Ona Gražina Rakauskienė & Vaida Servetkienė, 2017. "Evaluation of resilience impact on socio-economic inequality," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 4(4), pages 489-501, June.
    • Handle: RePEc:ssi:jouesi:v:4:y:2017:i:4:p:489-501
    DOI: 10.9770/jesi.2017.4.4(7)
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    References listed on IDEAS

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    3. Joseph E. Stiglitz & Amartya Sen & Jean-Paul Fitoussi, 2009. "The measurement of economic performance and social progress revisited," Documents de Travail de l'OFCE 2009-33, Observatoire Francais des Conjonctures Economiques (OFCE).
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    socio-economic inequality; vulnerability; vulnerable social groups; resilience; hardiness; household income; subjective socio-economic stratification; Lithuania;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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