An important feature of Scandinavian welfare states is the transfer of resources to families with children. Long parental leave and provision of high-quality subsidized day care are important policies in this regard. This paper evaluates the impact of a recent Norwegian family policy reform on...

This paper evaluates the impact of a recent Norwegian family-policy reform. The reform provides benefits of up to NOK 3,000 (approximately € 400) per month to families with one- to three-year-old children, who do not utilize state-subsidized day-care centres. We investigate the reform’s...

Three Nordic countries, Norway, Finland and Sweden, and Japan had experienced the severe financial crisis after the rapid asset price increase in almost the same period. However the recovery was fast in Nordic countries, while Japan experienced a prolonged recession, so called lost two decades....