MAPPING THE PSYCHOLOGICAL LANDSCAPE OF SOCIAL PREFERENCES AND ATTITUDES TOWARDS VOLUNTARY INSURANCE PRODUCTS IN THE WESTERN BALKAN REGION

Ardita TODRI

Associate Professor, University of Elbasan

ardita.todri@uniel.edu.al

Imelda SEJDINI

Associate Professor, University of Elbasan

imelda.sejdini@uniel.edu.al

Petraq PAPAJORGJI

Professor, Proinfinit Consulting Tirana

petraq@gmail.com

Christos Ap. LADIAS

Professor, Regional Science Inquiry Journal, Greece

Ladias@rsijournal.eu

Abstract

This study investigates the factors affecting demand for voluntary life and non-life insurance in the Western Balkan region, focusing on age and gender preferences. Using the Mind Genomics technology in an online experiment, 2,448 participants from Albania, Bosnia-Herzegovina, Montenegro, North Macedonia, Serbia, and Kosovo provided insights. The research identified four meaningful categories of interest. The most preferred insurance products across all demographics were those for livestock, crops, agricultural tools, machinery, and motor vehicle liability. Additionally, pension plans were noted as promising for retirement income planning. The study suggests that financial institutions should tailor their awareness strategies to these preferences.

Keywords: age, gender, mind genomics, preferential voluntary insurance products, Western Balkan region

JEL classification: C3, G22, G52

 pp. 131-142

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ARE THE REGIONS WITH MORE GENDER EQUALITY THE MORE RESILIENT ONES? AN ANALYSIS OF THE ITALIAN REGIONS

Barbara MARTINI

Researcher of Policy Economics, University of Rome Tor Vergata (Italy)

barbara.martini@uniroma2.it

Marco PLATANIA

Researcher of Applied Economics, University of Catania (IT), Visiting Research Fellowship, University of Winchester (UK)

 marco.platania@unict.it

Abstract

The paper aims to investigate the relationship between gender equality and regional resilience. Literature, primarily regional literature, has shown limited interest in gender. Nevertheless, females and males are employed in different industries, so when a shock hits, it can have a different employment impact in terms of gender and, consequently, in terms of resilience. Regions are specialized in some industries. Regional specialization results from historical, cultural, natural endowments, and social elements. Also, the uneven distribution between females and males within industries involves social, cultural, and economic components. As a result, regional specialization determines an employment distribution that can be unequal regarding gender. This employment distribution is captured by the Dissimilarity Index, which measures the sum of the absolute difference in females’ and males’ distribution over occupations. Therefore, the dissimilarity index emerges as a consequence of regional specialization. This dissimilarity, in turn, could have an impact on resilience. Our results put several significant results forwards. First, there is a relationship between gender segregation and regional specialization. The higher the regional specialization in sectors where the females’ share is low, the higher the dissimilarity. Second, there was a positive relationship between resilience and gender equality from 2008 to 2013. The more gender equality regions are also the more resilient ones. Taking a sectoral occupation is not easy, including social values, cultural components, welfare, education, and soft skill. Policies should also address their efforts to enhance the welfare and social dimensions and break gender stereotypes.

Keywords: Gender, Regional specialization, Dissimilarity, Resilience, Italy

JEL classification: R10, R11, R19, O18

 pp. 71-94

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IS THERE A LONG RUN NEXUS AMONG MENTAL DISORDER AND SOCIO-ECONOMIC INDICATORS? : EXPERIENCES FROM AN ECONOMETRIC STUDY ACROSS 40 COUNTRIES

Ramesh CHANDRA DAS

Associate Professor, Department of Economics, Vidyasagar University, Midnapur 721102, West Bengal, India

ramesh051073@gmail.com

(Corresponding author)

Sovik MUKHERJEE

Assistant Professor, Department of Economics, Faculty of Commerce and Management Studies, St. Xavier’s University, Kolkata, India

sovik1992@gmail.com

Abstract

Are there evidences of an association between poor mental health and the experience of poverty and socio-economic deprivation? To explore it, we try to relate all sorts of mental disorders with the per-capita GDP (PCGDP), the level of per-capita CO2 emissions as a measure of pollution (PCCO), usage of Internet (IU) as a measure of social behaviour, and Globalization Index (GI), for all the major countries in the world. Applying Vector Autoregression (VAR) model the results reveal that most of the high income countries in the selection have produced the result that mental disorder is cointegrated to the four socio economic indicators. The short run causality tests unambiguously backs up the sustainability of the long run cointegration relations derived for countries like Argentina, Australia, Canada, France, Germany, and UAE. Hence, mental disorder is not a problem to the lower income countries but to the high income countries as well.

Keywords: Mental health, poverty gap, CO2 emissions, terrorism, internet, gender, globalization

JEL classification:

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