Editing Time-based currency (section)

==Studies and examples==

===Elderplan===

Elderplan was a social [[HMO]] which incorporated timebanking as a way to promote active, engaged lifestyles for its older members. Funding for the "social" part of social HMOs has since dried up and much of the program has been cut, but at its height, members were able to pay portions of their premiums in time credits (back then called Time Dollars) instead of hard currency.<ref>Louv, Richard. "Time Dollars gain currency helping the needy" ''San Diego Tribune'' May 31, 1995.</ref> The idea was to encourage older people to become more engaged in their communities while also to ask for help more often and "[foster] dignity by allowing people to contribute services as well as receive them."<ref>Wetzstein, Cheryl. "Seniors use time, not money, to buy services; Idea helps promote independent living" ''The Washington Times'' December 17, 1998.</ref>

===Gorbals timebank study===

In 2004, Dr. Gill Seyfang published a study in the ''Community Development Journal'' about the effects of a timebank located in the [[Gorbals]] area of [[Glasgow]], Scotland, "an inner-city estate characterized by high levels of deprivation, poverty, unemployment, poor health and low educational attainment."<ref name="Seyfang_2004_64">{{harvp|Seyfang|2004|p=64}}</ref> The Gorbals Timebank is run by a local charity with the intent to combat the social ills that face the region.<ref name="Seyfang_2004_64"/> Seyfang concluded that the timebank was effective at "building community capacity" and "promoting social inclusion."<ref name="Seyfang_2004_67_68">{{harvp|Seyfang|2004|pp=67–68}}</ref> She highlights the timebank's success at "[re-stitching] the social fabric of the Gorbals."<ref name="Seyfang_2004_67_68"/> by "[boosting] engagement in existing projects and activities" in a variety of projects including a community safety network, a library, a healthy living project, and a theatre.<ref name="Seyfang_2004_67_68"/> She writes that "the timebank had enabled people to access help they otherwise would have had to do without," help which included home repair, gardening, a funeral, and tuition paid in time credits to a continuing education course.<ref>{{harvp|Seyfang|2004|p=68}}</ref>

===Timebank Florianópolis===

The Time Bank of the City of Florianópolis (BTF) is one of the first and best known Time Banks in Brazil. The initiative was conceived in September 2015 at a local Zeitgeist meeting, part of the international sustainability movement.<ref>{{cite web |last1=Sayuri |first1=Juliana |title=O banco que quer seu tempo, não seu dinheiro |date=30 November 2017 |url=https://www.vice.com/pt/article/o-banco-que-quer-seu-tempo-nao-seu-dinheiro/}}</ref> BTF works from a Facebook group that has more than 20,000 members, and exchanges are counted in a spreadsheet shared with users. Scientific research on BTF indicates that the time bank is a means for creating social capital in local society<ref>{{cite journal |last1=Romanello |first1=Michele |title=Participação em bancos de tempo: utilizando dados sobre transações para avaliar o Banco de Tempo - Florianópolis |journal=Revista Catarinense de Economia |date=2017 |volume=1 |issue=2 |pages=48–65 |doi=10.54805/RCE.2527-1180.v1.n2.16 |s2cid=246586584 |url=http://apec.pro.br/rce/index.php/rce/article/view/16|doi-access=free }}</ref> and that BTF members have different socioeconomic characteristics compared to residents of the city of Florianópolis. Younger, non-white, employed, female individuals, working in the informal sector, with a higher education level and with a higher monthly income are more likely to be BTF members.<ref>{{cite journal |last1=Romanello |first1=Michele |last2=Schneider Muller Pereira Ribas |first2=Kamila |title="Banco de Tempo-Florianópolis": análise das características socioeconômicas de seus membros |journal=Revista Brasileira de Desenvolvimento Regional |date=2020 |volume=1 |page=195 |doi=10.7867/2317-5443.2020v8n1p195-210 |doi-access=free }}</ref>

===Spice Timebank===
Spice is a social enterprise that has developed a time-based currency called Time Credits. Spice works across health and social care, housing, community development and education, supporting organisations and services to use Time Credits to achieve their outcomes. Spice grew out of the work of the Wales Institute for Community Currencies in the former mining districts of South Wales, UK.<ref name="Monneta 2016">{{cite web | title=Spice - support for community time credits in the UK | website=Monneta | date=2016-02-15 | url=https://monneta.org/en/spice-support-for-community-time-credits-in-the-uk/ | access-date=2022-07-16}}</ref>
Several Studies are done based on Spice Timebank or referenced this timebank.<ref name="Markkanen Burgess p. ">{{cite journal | last1=Markkanen | first1=Sanna | last2=Burgess | first2=Gemma | title=Introduction to time banking and Time Credits | date=2016 | publisher=Unpublished | doi=10.13140/RG.2.1.1069.7365 | url=http://rgdoi.net/10.13140/RG.2.1.1069.7365 | access-date=2022-07-16 | page=}}</ref><ref name="Bird Boyle 2014 p. ">{{cite book | last1=Bird | first1=S. | last2=Boyle | first2=D. | title=Give and Take: How timebanking is transforming healthcare | publisher=Timebanking UK | year=2014 | isbn=978-0-9930579-0-8 | url=https://books.google.com/books?id=LIiSBQAAQBAJ | access-date=2022-07-16 | page=}}</ref> In a 2016 survey, based on a 1000 members of Spice timebank, 77% of respondents said Time Credits have had a positive impact on their quality of life, 42% reported that they learned a new skill and 30% reported that they have less need to go to doctor.<ref>{{cite web |url=https://democracy.chorley.gov.uk/documents/s66712/Chorley%20Time%20Credits%20-%20Measuring%20the%20Impact%20Report%202016.pdf |title=How Spice Time Credits are creating system change |accessdate=2022-07-16 }}</ref>