"Our analysis suggests that income equality in the Nordics is primarily driven by a significant compression of hourly wages, reducing the returns to labor market skills and education." www.nber.org/papers/w3344... - ThreadSky

"Our analysis suggests that income equality in the Nordics is primarily driven by a significant compression of hourly wages, reducing the returns to labor market skills and education."
https://www.nber.org/papers/w33444#share_linkedin