IARIW-BOK Conference, Proposed Programme
IARIW-Bank of Korea Conference “Beyond GDP: Experiences and Challenges in the Measurement of Economic Well-being,” Seoul, Korea, April 26-28, 2017

Updated as of February 9, 2017

All sessions are at the Westin Chosun Seoul


8:30-9:00: Registration, Coffee, and Pastries

9:00-9:30: Opening Remarks

9:30-10:30: First Keynote Address

François Bourguignon (Paris School of Economics)

Break 10:30-10:45


Session 1: First Plenary- New Perspectives on Measuring Well-being from National Accountants:

“Measuring Material Well-being within the System of National Accounts” Peter Van De Ven, Jorrit Zwijnenburg, and Jennifer Ribarsky (OECD) [Abstract]

“Making Estimates of National Income Better Reflect Economic Well-Being: the U.S. Experience” Arnold J. Katz (Bureau of Economic Analysis, United States) [Abstract]

“Measuring Economic Well-Being in the UK: Past Experiences and Future Challenges” Richard Tonkin and Dominic Webber (Office for National Statistics, United Kingdom) [Abstract]

12:15-14:00: Lunch


Session 2A: (Concurrent Session) Multidimensional Well-Being:

“Multidimensional Welfare Weights: Sources, Determinants and Implications” Lucio Esposito (University of East Anglia, United Kingdom) and Enrica Chiappero-Martinetti (University of Pavia, Italy) [Abstract]

“The Wellbeing of Nations: A Multidimensional Mixture Distribution Analysis of Poor Nation–Rich Nation status” Gordon Anderson (University of Toronto), Grazia Pittau (Sapienza University Rome, Italy), Alessio Farcomeni (Sapienza University Rome, Italy), and Roberto Zelli (Sapienza University Rome, Italy) [Abstract]

“Multidimensional Measures of Well-Being with Dimensional Hierarchy” Shatakshee Dhongde (Georgia Institute of Technology, United States) [Abstract]

Session 2B (Concurrent Session) Subjective Well-Being:

“Measuring Progress with Shared Prosperity using Subjective Well-Being Data” Martijn Burger (EHERO, Erasmus University Rotterdam, Netherlands), Elena Ianchovichina (World Bank), Efstratia Arampatzi (EHERO, Erasmus University Rotterdam, Netherlands), Shantayanan Devarajan (World Bank), Ruut Veenhoven (EHERO, Erasmus University Rotterdam, Netherlands), and Caroline Witte (Erasmus University Rotterdam, Netherlands) [Abstract]

“What can Subjective Well-Being Research Contribute to Advancing the Study of International Migration?” Martijn Hendriks (EHERO, Erasmus University Rotterdam, Netherlands) [Abstract]

“Income or Consumption: Which Better Predicts Subjective Wellbeing?” Arthur Grimes and Thomas Carver (Motu Economic and Public Policy Research Trust, New Zealand) [Abstract]

15:30-15:45: Break


Session 3A (Concurrent Session) National Accounts and Well-Being:

“Has the Labour Share Declined? It Depends” Paul Schreyer (OECD), Taehyoung Cho (The Bank of Korea), and Soobin Hwang (The Bank of Korea) [Abstract]

“Increasing GDP Relevance and Usefulness in a Changing, Globalising World – Arguments for Measuring a Unique and Complex Food - Human Milk - in GDP” Julie P Smith (Australian National University) [Abstract]

“Valuing ‘Free’ Information in GDP: An Experimental Approach” Rachel H Soloveichik (Bureau of Economic Analysis, United States), Jon Samuels (Bureau of Economic Analysis, United States), and Leonard Nakamura (Federal Reserve Bank of Philadelphia, United States) [Abstract]

“Beyond GDP: Recalling and Rejuvenating Sir Richard Stone’s System of Social and Demographic Statistics” Michael Wolfson (University of Ottawa, Canada) [Abstract]

“Trends in American Living Standards, 1959-2013: What Happened over the Great Recession?” Edward Wolff (New York University, United States) [Abstract]

Session 3B (Concurrent Session) Well-being in Korea

“Social Capital and Human Well-Being in South Korea” Shiv Kumar (A.S. College, Punjab University, India) [Abstract]

“Baby-Boomers’ Investment in Social Capital: Evidence from the Korean Longitudinal Study of Aging” Jieun Lee (University of Illinois, United States) and Vladimir Hlasny (Ewha Womans University, Korea) [Abstract]

“Are We Mis-Measuring the Happiness Returns to Education and Income? An Analysis of Korean Subjective Well-Being” Chris Barrington-Leigh (McGill University, Canada) [Abstract]

“Valuing Unpaid Care Work in Korea: A Prototype Satellite Account using Korean Time Use Survey” Jooyeoun Suh (University of Oxford, United Kingdom) [Abstract]

“Household Debt Burden and Household Financial Well-being in Korea” Kyeongwon Yoo (Sanmyung university, Seoul, Korea) [Abstract]

19:00 Conference Dinner

Presentation by Jong-Wha Lee (Korea University)


8:30-9:00: Registration, Coffee, and Pastries

9:00-10:00: Second Keynote Address

10:00-10:15: Break

10:15-12:15: Session 4: Second Plenary- New Approaches to the Well-being Measurement and Uses of Well-being Measures:

“Measuring Consumption-Equivalent Welfare: A Case of South Korea” Ki Young Park (Yonsei University, Korea) and Soohyon Kim (Bank of Korea and Yonsei University, Korea) [Abstract]

“Household Balance Sheets in the Digital Age: What National Accounts can Bring to the Table ‘Beyond GDP’” Claudia Dziobek and Thomas Alexander (IMF) [Abstract]

“Introducing MELI: Median Expected Lifetime Income” Jonathan T Andreas (Bluffton University, United States) [Abstract]

“Putting Subjective Well-being to Use for Ex-ante Policy Evaluation” Xavier Jara (University of Essex, United Kingdom) and Erik Schokkaert (University of Leuven, Belgium) [Abstract]

12:15-14:00: Lunch


Session 5A: (Concurrent Session) Construction of Indexes of Well-being:

“The Dimensions of Ordinal Well-Being Indexes: Using Orthogonal Weighting with the Kids Count Index” Ross W Knippenberg (American Veterinary Medical Association) [Abstract]

“Composite indicators as a tool for better understanding of socio-economic development” Monica S Nelson Edberg (Statistics Sweden) [Abstract]

“Sustainable Human Development Index—A Pragmatic Proposal for Monitoring Sustainability within the Affordable Boundaries” Mihail Peleah (United Nations Development Programme) [Abstract]

Session 5B (Concurrent Session) Theory and Measurement of Well-being: The Equality of Opportunity and the Capability Approaches:

“Equality of Opportunity for Well-Being” Daniel Mahler (University of Copenhagen, Denmark) and Xavi Ramos (Universitat Autonoma de Bercelona, Spain) [Abstract]

“Inequality of Opportunity in South Korea” Woojin Lee and Jinsoon Cho (Korea University) [Abstract]

“Implementing the Capability Approach with Respect for Individual Valuations: an Illustration with Colombian Data” Blanca Zuluaga (Universidad Icesi, Colombia), Koen Decancq (University of Antwerp, Belgium), and Erik Schokkaert (KU Leuven, Belgium) [Abstract]

15:30-15:45: Break


Session 6A (Concurrent Session): Well-being in India and China:

“Measures, Trends and Determinants of Economic Wellbeing in India” Protap Mukherjee (Young Lives India) [Abstract]

“Income Inequality and Subjective Well-being in Urban China: Changes in the 2000s” Xiwen Fu (Kobe University, Japan) [Abstract]

“Human Development Achievements by China and India: Why and how is it Different?” Surajit Deb (Aryabhatta College, University of Delhi, India) [Abstract]

Session 6B (Concurrent Session): Methodological Issues in Well-being Measurement

“Welfare Based Measures of Income Insecurity in Fixed Effects Models” Nicholas Rohde (Griffith University, Australia), Kam Ki Tang (University of Queensland, Australia), Conchita D’Ambrosio (University of Luxembourg), Lars Osberg (Dalhousie University, Canada), and Prasada Rao (University of Queensland, Australia) [Abstract]

“Are All Instruments of Well-Being Equal?” Lori J Curtis (University of Waterloo, Canada) [Abstract]

“Measuring Wellbeing: Individual Based Approach” Jan Fidrmuc (Brunel University, United Kingdom), Damián Pastor (Institute for Strategy and Analysis, Government Office of the Slovak Republic), and Katarina Rimegová (Institute for Strategy and Analysis, Government Office of the Slovak Republic) [Abstract]

17:15-18:15: Closing Panel: Future Directions for Research on Well-being Measurement


  • François Bourguignon (Paris School of Economics)
  • Andrea Brandolini (Bank of Italy)
  • Martine Durand (OECD)
  • Lars Osberg (Dalhousie University, Canada)
  • Hak K. Pyo (Seoul National University)

19:00: Farewell Dinner


8:30-16:00: Excursion to the Demilitarized Zone