Luxembourg: Selected Issues

May 5, 2004

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Format: Chicago

Luxembourg: Selected Issues, (USA: International Monetary Fund, 2004) accessed November 25, 2024

Summary

This Selected Issues paper studies Luxembourg’s economic growth performance of the past two decades with a view to shedding light on the growth prospects and fiscal implications. The paper investigates whether the recent weakness in activity is largely transitory or whether it heralds a new era of lower potential output growth. The paper also explains one option for reforming the pay-as-you-go pension pillar, which is to link pension benefits to the contributions base through a “solidarity factor.”

Subject: Asset prices, Economic sectors, Expenditure, Financial sector, Labor, Pension spending, Pensions, Prices, Production, Production growth

Keywords: Asset prices, Contribution rate, CR, Financial sector, Global, IMF staff estimate, ISCR, Pension spending, Pensions, Production growth, Rate, Real asset price, Real GDP, Real GDP growth, Replacement rate, Trend growth

Publication Details

Pages:

37
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/124
Stock No:

1LUXEA0012004
ISBN:

9781451824278
ISSN:

1934-7685

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