The Welfare Effects of Time Reallocation: Evidence from Daylight Saving Time
Joan Costa-i-Font,
Sarah Flèche and
Pagan Ricardo
Authors registered in the RePEc Author Service: Joan Costa-i-Font and
Ricardo Pagan Rodriguez
No 9195, CESifo Working Paper Series from CESifo
Abstract:
Daylight Saving Time (DST) is currently implemented by more than seventy countries, yet we do not have a clear knowledge of how it affects individuals’ welfare. Using a regression discontinuity design combined with a differences-in-differences approach, we find that the Spring DST causes a significant decline in life satisfaction. By inducing a reallocation of time, the transition into DST deteriorates sleep and increases time stress, which in turn affects physical and emotional health. After performing a simple cost-benefit analysis, we find evidence suggestive that ending DST would exert a positive effect on welfare, namely the wellbeing costs associated with DST exceed its benefits.
Keywords: Daylight Saving Time; wellbeing; health; sleep; time stress (search for similar items in EconPapers)
JEL-codes: I18 I31 K20 (search for similar items in EconPapers)
Date: 2021
New Economics Papers: this item is included in nep-isf
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
https://www.cesifo.org/DocDL/cesifo1_wp9195.pdf (application/pdf)
Related works:
Journal Article: The welfare effects of time reallocation: evidence from Daylight Saving Time (2024)
Working Paper: The welfare effects of time reallocation: evidence from Daylight Saving Time (2024)
Working Paper: The welfare effects of time reallocation: evidence from Daylight Saving Time (2024)
Working Paper: The welfare effects of time reallocation: evidence from Daylight Saving Time (2024)
Working Paper: The Welfare Effects of Time Reallocation: Evidence from Daylight Saving Time (2021)
Working Paper: The Welfare Effects of Time Reallocation: Evidence from Daylight Saving Time (2021)
Working Paper: The Welfare Effects of Time Reallocation: Evidence from Daylight Saving Time (2021)
Working Paper: The Welfare Effects of Time Reallocation: Evidence from Daylight Saving Time (2021)
Working Paper: The Welfare Effects of Time Reallocation: Evidence from Daylight Saving Time (2021)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_9195
Access Statistics for this paper
More papers in CESifo Working Paper Series from CESifo Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().