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      <dc:title>The welfare effects of time reallocation: evidence from daylight saving time.</dc:title>
      <dc:creator>Costa-Font, Joan</dc:creator>
      <dc:creator>Fleche, Sarah</dc:creator>
      <dc:creator>Pagán-Rodríguez, Ricardo Braulio</dc:creator>
      <dc:subject>Jornada laboral - Efectos de la luz</dc:subject>
      <dc:subject>Iluminación natural</dc:subject>
      <dc:description>Daylight Saving Time (DST) is a widely adopted practice&#xd;
implemented by over 70 countries to align sunlight&#xd;
with day-to-day activities and reduce energy demands.&#xd;
However, we do not have a clear knowledge of how it&#xd;
affects individuals’ welfare. Using a regression discontinuity&#xd;
combined with a difference-in-differences design, we&#xd;
find that the Spring DST transition causes a significant&#xd;
decline in life satisfaction. By inducing a reallocation of&#xd;
time, the transition into DST deteriorates sleep quality&#xd;
and increases time stress, which in turn affects physical&#xd;
and emotional health. Using an event study approach, we&#xd;
find that such effects persist for about six days after the&#xd;
DST transition. Conversely, we provide evidence that the&#xd;
Autumn DST transition gives rise to a significant increase&#xd;
in life satisfaction. Finally, using a simple cost-benefit&#xd;
analysis, we discuss the potential benefits of ending DST.</dc:description>
      <dc:date>2024-12-12T10:08:54Z</dc:date>
      <dc:date>2024-12-12T10:08:54Z</dc:date>
      <dc:date>2024</dc:date>
      <dc:type>journal article</dc:type>
      <dc:identifier>Costa-Font J, Fleche S, Pagan R. The welfare effects of time reallocation: evidence from Daylight Saving Time. Economica. 2024; 91(362): 547-568. doi: 10.1111/ecca.12510</dc:identifier>
      <dc:identifier>https://hdl.handle.net/10630/35610</dc:identifier>
      <dc:identifier>10.1111/ecca.12510</dc:identifier>
      <dc:language>spa</dc:language>
      <dc:rights>http://creativecommons.org/licenses/by/4.0/</dc:rights>
      <dc:rights>open access</dc:rights>
      <dc:rights>Attribution 4.0 Internacional</dc:rights>
      <dc:publisher>Wiley</dc:publisher>
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