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September 10, 2025Journal of Economic Literature

Income Equality in the Nordic Countries: Myths, Facts, and Lessons

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Authors

MMMagne MogstadKSKjell G. SalvanesGTGaute Torsvik

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Overview

This analysis evaluates income equality in Nordic countries, highlighting the wage bargaining system and its implications.

Key Points

  • Income equality in Nordic countries results from a compressed wage structure, reducing returns for skilled labor.
  • Wage bargaining is highly coordinated, fostering low income inequality across industries in these nations.
  • Public policies and tax systems commonly cited as contributors to equality are challenged by the findings.
  • Broader lessons from the Nordic model suggest strategies for reducing inequality in other economies.

Cite This Study

Mogstad et al. (2025) studied this question.

synapsesocial.com/papers/68c1d97154b1d3bfb60fac7ahttps://doi.org/10.1257/jel.20251636
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