Arbeitspapier
The Welfare Effects of Time Reallocation: Evidence from Daylight Saving Time
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.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 9195
- Classification
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Wirtschaft
Health: Government Policy; Regulation; Public Health
Regulation and Business Law: General
General Welfare; Well-Being
- Subject
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Daylight Saving Time
wellbeing
health
sleep
time stress
- Event
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Geistige Schöpfung
- (who)
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Costa-i-Font, Joan
Fleche, Sarah
Ricardo, Pagan
- Event
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Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2021
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Costa-i-Font, Joan
- Fleche, Sarah
- Ricardo, Pagan
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2021