Personal Characteristics and Resilience to Economic Hardship and Its Consequences: Conceptual Issues and Empirical Illustrations

This article describes a theoretical model that links personal characteristics with resilience to economic hardship and its psychological and interpersonal consequences. This transactional model integrates social influence and social selection perspectives concerning the relation between socioeconomic circumstances and the development of individuals and families. In addition, this article discusses methodological and conceptual issues related to...