CORDIS Project
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This project investigates how families compensate for the loss of resources like economic and social capital during life events such as bereavement or unemployment. By analyzing data from Finland, Germany, and the US, it aims to understand the dynamics of resource compensation across different countries and contexts.
The previous literature has not been able to successfully explain why the loss of the certain family resources does not show as a weaker attainment.
Neither the country differences in socioeconomic inheritance seem to reflect the institutional differences between them.
We argue that these problems have followed from ignoring resource compensation.
The lost capital (economic, human/cultural or social) may be replaced with the other types or with the resources of someone else (the new or extended…
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