Living through two crises: A preliminary investigation of resilience among older Europeans


SCAD No 34
Published: Sep 1, 2022
Versions:
2022-09-01 (1)
Keywords:
Resilience, ageing, economic recession, pandemic, vulnerability.
Antogone Lyberaki
Platon Tinios
Thomas Georgiadis
Abstract

This paper explores what resilience can mean
when characterising individuals. The conceptual
discussion attempts to transpose the collective
concept to individual behaviour, focusing
on how living through one major crisis
affects the probability to cope in a subsequent
shock. If resilience is a general concept, then
it should apply even when the origins of the
crises are different, and the triggers should
work in different domains (economic, social
and epidemiological). A preliminary investigation
is conducted using the only available
panel data in Europe, the Survey of Health,
Ageing and Retirement (SHARE) of individuals
over 50. The preliminary findings suggest that
the effects of the first crisis tend to operate in
different directions: some operate to prepare
(and empower) and others tend to increase
vulnerability. The paper concludes by speculating
on factors that could lie behind differentiated
responses.

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Author Biographies
Antogone Lyberaki, Panteion University

Antigone Lyberaki is Professor of Economics at Panteion University. She has published on small
enterprises, gender, migration and ageing. She is the country team leader for SHARE. Contact:
alymber@panteion.gr

Platon Tinios, University of Piraeus

Platon Tinios is Associate Professor at Piraeus University. His research interests are on pensions,
social protection, gender and insurance economics.

Thomas Georgiadis, Panteion University

Thomas Georgiadis is a Postdoctoral Researcher at the Department of Economic and Regional
Development at Panteion University. His research work is on poverty analysis, population ageing
and gender economics.

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