It is likely that most people have the shared feeling: how come Christmas appears to come around quicker and quicker each year? Questionnaires by psychologists have shown almost everyone feels time is passing faster now compared to when they were half or a quarter as old. Most strikingly, lots of experiments have shown that, when older people are asked to guess how long the time is, or to "reproduce" the length of periods of time, they guess a shorter amount than younger people.
In 1877, Paul Janet suggested the proportional theory, where a child of 10 feels a year as 1/10 of his whole life while a man of 50 as 1/50, so the subjective sense of the 50-year-old man is that these are insignificant periods of time.
There are also biological theories. The speeding up of time is linked to how our metabolism(新陈代谢) gradually slows down as we grow older. Children's hearts beat faster than adults'. They breathe more quickly. With their blood flowing more quickly, their body clocks "cover" more time within the space of 24 hours than ours do as adults. On the other hand, older people are like clocks that run slower than normal, so that they lag behind, and cover less than 24 hours.
In the 1930s, the psychologist Hudson Hoagland found body temperature causes different perceptions of time. Once, when he looked after his ill wife, he noticed she complained he'd been away for a long time even if only away for a few moments. Therefore, Hoagland tested her perception of time at different temperatures, finding the higher her temperature, the more time seemed to slow down for her, and that raising a person's body temperature can slow down his sense of time passing by up to 20%.
Time doesn't necessarily have to speed up as we get older though. It depends on how we live our lives, and how we relate to our experiences.