Relationship between Daylight Saving Time and individuals' time use preferences - implications for the European reform of time switching regime
|Author:||Mgr. Ján Dančej|
|Year:||2021 - winter|
|Leaders:|| Mgr. Barbara Pertold-Gebicka M.A., Ph.D.
|Work type:|| Finance, Financial Markets and Banking
|Awards and prizes:|
|Abstract:||Currently, there is a legislative procedure in the EU to abolish switching of time regimes.
Under this procedure, member countries should choose to observe either permanent Standard
Time (ST) or permanent Daylight Saving Time (DST). We study whether the time regime has
an effect on how people spend their time. The data we are using are daily time use panel data
of US citizens from the American Time Use Survey from 2003 to 2019. To study time use of
daily activities, we combine the short-run before-after effect of time regime switch with the
long-run comparison of time regimes in Difference-in-Differences. We layout basic
implications for EU member states, regarding individuals’ time use preferences, and the time