Baylis, Patrick, Severin Borenstein, and Edward A. Rubin.When we change the clock, does the clock change us?. No. w30999. National Bureau of Economic Research, 2023.

Read the abstract for this paper.

Answer the following questions.

1. What is the model (regression equation) the authors estimate (Look in the DATA section of the paper). Note this model is more complex than our single variable models but we will ultimately focus on only on the single variable case when analyzing results.
2. Provide a description of the two key independent variables. Identify the parameters (coefficients) associated with the key independent variables. These take the form of Greek letters in the equation.
3. List the three key dependent variables.
4. Examine Table 1, Panel A, Column 1.
   1. Identify the coefficients of interest. Is it statistically significant? hint: Table 3 has a more complete table note. Read that table note to help you understand what is in parenthesis for table 1.
   2. Provide an interpretation the coefficients of interest. Note: You can also find an interpretation in DATA section below the model.
5. Are the results in Table 2, Column 1 and Table 3, Panel A, Column 1 consistent with the results examined in the previous question?
6. Why did the authors conduct this research? What conclusion do you reach on this issue?