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Opening Academic Year 2022-2023

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Dear colleagues,

We warmly invite you to join the following events onsite, both on Thursday 8 September:

Opening of the Academic Year FEB, Kapteynborg room 15, 15:30 - 16:30

We will celebrate the festive opening of the new FEB academic year 2022-2023. Staff, students, alumni and our corporate relations are all invited and are very welcome to come and join us.

This year's theme is Broad Well-Being. We welcome speakers to address this highly relevant topic: Marieke Blom (ING) and Marcel Timmer (FEB and CPB). We will also present awards to FEB's best students and we will raise a glass to the new academic year! The opening will be chaired by Milena Nikolova (FEB). You don’t have to register for this event.

Lustrum party: celebrating 15 years of FEB, Garden Duisenberg Building, 16:30 - 18:30

This year also marks the 15-years anniversary of the merger of the Faculty of Economics and the Faculty of Management & Organisation, forming the current-day Faculty of Economics and Business (FEB) of the University of Groningen. Let’s celebrate this milestone!

Staff, alumni and our corporate relations are all very welcome to come and join us at our lustrum party (EBF will organise a lustrum party for students later). A very nice chance to meet and reconnect again! There will be drinks, food trucks, BBQ and live music. To avoid food waste we would like to know how many visitors we can expect. Please register as soon as possible.


If you have any questions, please feel free to contact Hilja Rozema or Wilma Mellens, organizers of the Opening Academic Year FEB and the Lustrum Party.

We look forward to seeing you on 8 September!

Kind regards,

Professor Peter Verhoef

On behalf of the Faculty Board,

Professor Peter Verhoef
Dean of the Faculty of Economics and Business

Koen Oude Avenhuis

On behalf of the EBF Board,

Koen Oude Avenhuis
Chairman of the EBF 2022-2023

Programme Thursday 8 September 2022, Kapteynborg, 5419.0015

Welcome with coffee and tea


Opening by Chair Milena Nikolova

Speech by FEB dean prof. Peter Verhoef and EBF chairman Koen Oude Avenhuis


Handing out the Freshmen of the Year awards by prof. Manda Broekhuis


Introduction theme by Milena Nikolova

Speech by keynote speaker Marieke Blom

Discussion by prof. Marcel Timmer

Q&A from the audience


Lustrum party: celebrating 15 years of FEB, Garden Duisenberg Building

Broad well-being

People in many countries enjoy material prosperity that seems unprecedented from a historical viewpoint. Traditionally, however, policymakers, academics, and businesses have thought of prosperity in terms of Gross Domestic Product (GDP) per capita. In this view, increases in GDP are identical to increases in well-being. Yet, growth in GDP per capita can be accompanied by rising inequality, environmental degradation, unhappiness, and job insecurity. What does this imply then for well-being? Can we achieve economic prosperity without hurting the environment and our children’s future? And is GDP an accurate indicator to measure this?

Acknowledging that well-being is more than just income is an important first step. Many experts have gradually come to the conclusion that well-being and economic progress, as measured by GDP, are not synonymous. Well-being is not just about income but also the quality of the environment, health and happiness, good education, functioning institutions, and fair distribution of wealth and income. Several governments, including that of the Netherlands, are now collecting and reporting broad well-being data as part of their national statistics.

During the opening of the academic year 2022-2023, we want to shed light on how broad well-being considerations shape the decision-making of key stakeholders in the policy and business arenas.

Chair: Milena Nikolova

Associate Professor and Rosalind Franklin Fellow (FEB)

Milena Nikolova

Milena Nikolova's research focuses on the economics of well-being and transition. Prior to joining the FEB in 2018, she worked at the Institute for Labor Economics (IZA) in Bonn. Milena serves as an Editor of the Journal of Population Economics and is affiliated with the Brookings Institution, Bruegel, IZA, and the Global Labor Organization (GLO).

Keynote speaker: Marieke Blom

Chief Economist at ING and board member of the Dutch Royal Economic Society (KVS)

Marieke Blom

Marieke Blom is Chief Economist at ING in the Netherlands. The research team in Amsterdam covers a broad range of themes: from monetary policy and the Dutch housing market to specific sectors, sustainability and technology. Marieke is a member of the board of the Dutch Royal Economic Society (KVS). She regularly appears in the media.

Main discussant: Marcel Timmer

Deputy-director at the CPB Netherlands Bureau for Economic Policy Analysis and professor of Growth and Development Economics at the University of Groningen

Marcel Timmer

Marcel Timmer is deputy-director at the CPB Netherlands Bureau for Economic Policy Analysis and professor of Growth and Development Economics at the University of Groningen. His research interests are in developing new data and models to increase our understanding of the socio-economic consequences of global integration. The FEB proved to be an excellent place to pursue these interests with students and colleagues.

Last modified:01 February 2023 4.19 p.m.