“…Finally, in Malta the inflation adjustment is paid out as a fixed Euro amount for all workers, regardless of the income level. Indexation for minimum wages, either to price inflation or to evolutions in average wages (e.g., the Netherlands) is generally more common (see Checherita-Westphal, 2022, andECB, 2021).…”
This paper on Luxembourg was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on May 1, 2023.
“…Finally, in Malta the inflation adjustment is paid out as a fixed Euro amount for all workers, regardless of the income level. Indexation for minimum wages, either to price inflation or to evolutions in average wages (e.g., the Netherlands) is generally more common (see Checherita-Westphal, 2022, andECB, 2021).…”
This paper on Luxembourg was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on May 1, 2023.
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