The Welfare Effects of Time Reallocation: Evidence from Daylight Saving Time - Archive ouverte HAL
Pré-Publication, Document De Travail Année : 2021

The Welfare Effects of Time Reallocation: Evidence from Daylight Saving Time

Résumé

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.
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Dates et versions

halshs-03322741 , version 1 (19-08-2021)

Identifiants

  • HAL Id : halshs-03322741 , version 1

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Joan Costa-Font, Sarah Fleche, Ricardo Pagan. The Welfare Effects of Time Reallocation: Evidence from Daylight Saving Time. 2021. ⟨halshs-03322741⟩

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