TTPI Working Paper 15/2018:
Authors:
Robert Breunig, Crawford School of Public Policy, Australian National University
Andrew Carter, Crawford School of Public Policy, Australian National University
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.
The working paper is available here.
Recent Comments
I’d love to see this same analysis done with current figur…
The ATO will not be happy until every tax agent or lawyer gi…
I should add “Been there, done that” Australia abolished…