Kjell G. Salvanes Gaute Torsvik Journal of Economic Literature (pp. 791–839) Download Full Text PDF Article Information Abstract Policymakers, public commentators, and researchers often cite the Nordic countries as examples of a socioeconomic model that combines low income inequality with prosperity and growth. This article critically assesses that claim by integrating theoretical perspectives and empirical evidence to explain how the Nordic model functions and why these countries experience low...