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

Updated as of April 21, 2017

All sessions are at the Westin Chosun Seoul




WEDNESDAY, APRIL 26

8:00-9:00: Registration, Coffee, and Pastries (Grand Ballroom Foyer)

9:00-9:30: Opening Remarks (Grand Ballroom B)

Chair: Andrea Brandolini (Bank of Italy)

Juyeol Lee (Governor, Bank of Korea)

Albert Braakmann (President, International Association for Research in Income and Wealth, and Head of National Accounts and Prices, Federal Statistical Office of Germany)

9:30-10:30: First Keynote Address (Grand Ballroom B)

Chair: Andrea Brandolini (Bank of Italy)

François Bourguignon (Paris School of Economics)

"On the Measurement of the Inequality of Opportunity"


Break 10:30-10:45


10:45-12:15:

Session 1: First Plenary - New Perspectives on Measuring Well-being from National Accountants (Grand Ballroom B)

Chair: Yosuke Tada (Economic and Social Research Institute, Japan)

“Measuring Material Well-being Within the System of National Accounts” Jorrit Zwijnenburg (OECD) [Abstract] [Slides]

Discussant: Rachel Soloveichik (Bureau of Economic Analysis, United States) [Slides]

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

Discussant: Taehyoung Cho (Bank of Korea)

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

Discussant: Andrew Sharpe (International Association for Research in Income and Wealth and Centre for the Study of Living Standards, Canada)


12:15-13:45: Lunch (Grand Ballroom A)


13:45-15:15

Session 2A: (Concurrent Session) Multidimensional Well-being (Grand Ballroom B)

Chair: François Bourguignon (Paris School of Economics)

“Eliciting, Applying and Exploring Multidimensional Welfare Weights: Evidence from the Field” Lucio Esposito (University of East Anglia, United Kingdom) and Enrica Chiappero-Martinetti (University of Pavia, Italy) [Abstract]

Discussant: Michael Wolfson (University of Ottawa, Canada)

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

Discussant: Andrea Brandolini (Bank of Italy)

“Multidimensional Measures of Well-being with Dimensional Hierarchy” Shatakshee Dhongde (Georgia Institute of Technology, United States), Prasanta Pattanaik (University of California Riverside, United States) and Yongsheng Xu (Georgia State University, United States) [Abstract]

Discussant: Andrea Brandolini (Bank of Italy)


Session 2B (Concurrent Session) Subjective Well-being (Lilac Room)

Chair: Helen Boss Heslop (Vienna Institute for International Economic Studies, Austria, retired)

“Beyond Shared Prosperity: Measuring Progress of the Bottom 40 Percent Using Subjective Well-Being Data” Martijn Burger (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]

Discussant: Lars Osberg (Dalhousie University, Canada)

“Are Migrants Better Off Through Migration? The What, Why, and How of Considering Immigrant Happiness” Martijn Hendriks (Erasmus University Rotterdam, Netherlands) and David Bartram (University of Leicester, United Kingdom) [Abstract]

Discussant: Hai-Anh H. Dang (World Bank)

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

Discussant: Hai-Anh H. Dang (World Bank)


15:15-15:45: Break


15:45-17:45

Session 3A (Concurrent Session) National Accounts and Well-being (Grand Ballroom B)

Chair: Albert Braakmann (Federal Statistical Office of Germany)

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

Discussant: Hyunbae Chun (Sogang University, Korea)

“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] [Slides]

Discussant: Paul Roberts (Australian Bureau of Statistics)

“Bartering for ‘Free’ Information: Implications for Measured GDP and Productivity” Rachel 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] [Slides]

Discussant: Jorrit Zwijnenburg (OECD)

“The Great Recession and Racial Inequality: Evidence from Measures of Economic Well-being” Thomas Masterson (Levy Economics Institute of Bard College, United States), Ajit Zacharias (Levy Economics Institute of Bard College, United States), Fernando Rios-Avila (Levy Economics Institute of Bard College, United States), and Edward N. Wolff (New York University, United States) [Abstract] [Slides]

Discussant: Arthur Grimes (Motu Economic and Public Policy Research Trust, New Zealand)


Session 3B (Concurrent Session) Well-being in Asia (Lilac Room)

Chair: Joon Han (Yonsei University and Korean Association for Quality of Life Studies)

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

Discussant: Lori J. Curtis (University of Waterloo, Canada)

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

Discussant: Joyup Ahn (Korea Labor Institute)

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

Discussant: Xavier Jara (University of Essex, United Kingdom)

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

Discussant: Martijn Hendriks (Erasmus University Rotterdam, Netherlands)


19:00 Conference Dinner (Grand Ballroom A)

Presentation by Jong-Wha Lee (Korea University):

"A Century of Economic and Human Development in Korea"



THURSDAY, APRIL 27

8:00-8:45: Registration, Coffee, and Pastries (Grand Ballroom Foyer)

8:45-9:45: Second Keynote Address (Grand Ballroom B)

Chair: Andrea Brandolini (Bank of Italy)

Martine Durand (OECD)

"Economic Well-being in OECD Countries: Conceptual and Measurement Challenges" [Slides]


9:45-10:00: Break


10:00-12:00: Session 4: Second Plenary - New Approaches to the Measurement of Well-being and Uses of Well-being Measures (Grand Ballroom B)

Chair: Martine Durand (OECD)

“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] [Slides]

Discussant: Jinill Kim (Korea University)

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

Discussant: Albert Braakmann (Federal Statistical Office of Germany)

“A MELI Manifesto: Median Expected Lifetime Income and Complementary Measures” Jonathan Andreas (Bluffton University, United States) [Abstract] [Slides]

Discussant: Andrew Sharpe (International Association for Research in Income and Wealth and Centre for the Study of Living Standards, Canada)

“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] [Slides]

Discussant: Richard Tonkin (Office for National Statistics, United Kingdom)


12:00-13:30: Lunch (Grand Ballroom A)


13:30-15:00

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

Chair: Jinill Kim (Korea University)

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

Discussant: Michael Wolfson (University of Ottawa, Canada)

“Composite Indicators as a Tool for Better Understanding of Socio-economic Development” Monica Nelson Edberg (Statistics Sweden) [Abstract] [Slides]

Discussant: Edward Wolff (New York University, United States)

“Sustainable Human Development Index—A Pragmatic Proposal for Monitoring Sustainability Within the Affordable Boundaries” Mihail Peleah (United Nations Development Programme) and Andrey Ivanov (European Union Agency for Fundamental Rights) [Abstract] [Slides]

Discussant: Lars Osberg (Dalhousie University, Canada)


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

Chair: Andrea Brandolini (Bank of Italy)

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

Discussant: Lucio Esposito (University of East Anglia, United Kingdom)

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

Discussant: Biung-Ghi Jui (Seoul National University)

“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]

Discussant: Jan Fidrmuc (Brunel University, United Kingdom)


15:00-15:30: Break


15:30-17:00

Session 6: Third Plenary - Methodological Issues in Well-being Measurement (Grand Ballroom B)

Chair: Kyuil Chung (Bank of Korea)

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

Discussant: Gordon Anderson (University of Toronto, Canada)

“Poverty in Canada: Unidimensional and Multidimensional Measures” Lori J. Curtis (University of Waterloo, Canada) [Abstract] [Slides]

Discussant: Gordon Anderson (University of Toronto, Canada)

“Measuring Well-being: An 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]

Discussant: Shatakshee Dhongde (Georgia Institute of Technology, United States)


17:00-18:00: Closing Panel: Future Directions for Research on Well-being Measurement (Grand Ballroom B)

Chair: Andrew Sharpe (International Association for Research in Income and Wealth)

Panelists:

  • 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 (Samcheonggak)



FRIDAY, APRIL 28

Excursion to the Demilitarized Zone

8:00: Depart from Westin Chosun Seoul

9:00-12:30: The Third Infiltration Tunnel, Dora Observatory, Dora Station, Imjingak Park