High in absolute terms, but lowered significantly by monthly child support payments and heavily subsidised nursery costs. As such, the total cost relative to the also relatively high incomes are better than in most developed countries.
Your right it doesn't offset opportunity cost. The point is that even providing assistance a high multiple of most other countries has been insufficient to get above replacement.
I'm sure there's probably a number that is high enough, but it clearly needs to be higher than Norway, and even scaling for cost of living differences very few countries are near Norwegian child benefit levels, so it seems likely it will be exceedingly expensive.
Your right it doesn't offset opportunity cost. The point is that even providing assistance a high multiple of most other countries has been insufficient to get above replacement.
I'm sure there's probably a number that is high enough, but it clearly needs to be higher than Norway, and even scaling for cost of living differences very few countries are near Norwegian child benefit levels, so it seems likely it will be exceedingly expensive.