Do earned income tax credits for older workers prolong labor market participation and boost earned income? Evidence from Australia's mature age worker tax offset
| dc.contributor.author | Breunig, R. | |
| dc.contributor.author | Carter, A. | |
| dc.date.accessioned | 2025-04-10T01:04:55Z | |
| dc.date.available | 2025-04-10T01:04:55Z | |
| dc.date.issued | 2018-03 | |
| dc.description.abstract | We examine Australia's Mature Age Worker Tax offset (MAWTO), a targeted earned income tax credit of up to $500 to incentivize participation of older workers that existed from 2004-05 to 2014-15. Using a difference-in-differences approach, we find that MAWTO increased labor market participation by around 0.5 percentage points. For women only, it had a small impact on earnings of about 1.5 per cent. We estimate that the average cost for each person induced to work longer is between $37,000 and $78,000. | |
| dc.identifier.uri | https://hdl.handle.net/1885/733747639 | |
| dc.language.iso | en_AU | |
| dc.provenance | The publisher permission to make it open access was granted in November 2024 | |
| dc.publisher | Crawford School of Public Policy, The Australian National University | |
| dc.relation.ispartofseries | TTPI Working papers 15/2018 | |
| dc.rights | Author(s) retain copyright | |
| dc.source | Tax and Transfer Policy Institute Working papers | |
| dc.source.uri | https://crawford.anu.edu.au | |
| dc.title | Do earned income tax credits for older workers prolong labor market participation and boost earned income? Evidence from Australia's mature age worker tax offset | |
| dc.type | Working/Technical Paper | |
| dcterms.accessRights | Open Access | |
| dspace.entity.type | Publication | |
| local.bibliographicCitation.issue | 15/2018 | |
| local.type.status | Published Version |