Network Effects and Money


The common basis for this work is that it deals with money as a network good, i.e. that the value of a specific currency or payment technique is dependent on the number of users. This book analyzes monetary choice in the light of this network aspect from different perspectives. The so-called network effects, which may result from a network good, can work as reinforcement or as an obstacle to spontaneously or politically controlled changes in the monetary regime. As a result problems associated with the adoption of a new currency or new (electronic) payment techniques may arise.

The book includes both theoretical discussions as well as a discussion about Carl Menger´s monetary theory and its connection to the network effects of money. The last chapter of the book analyzes a specific case, namely the Euro cash changeover process that took place in 2002.

This work should be useful for people with a general interest in choice of monetary standards, but also for people who specifically want to read about the Euro Cash changeover process or Carl Menger’s monetary theory.

Integrating Immigrants into the Nordic Labour Markets

An Overall Perspective


Denmark, Finland, Norway and Sweden face similar problems of integrating large groups of immigrants, especially low-educated ones from outside the EU, into their labour markets. In this volume, edited by Lars Calmfors, IFN, and Nora Sánchez Gassen in cooperation with researchers from across the Nordic Region analyse how labour market integration of immigrants can be promoted. 

About the book


Seminars organized by IFN


To present ongoing research informal brown-bag seminars are held on Mondays at 11:30 am. This is an opportunity for IFN researchers to test ideas and results.

Academically oriented seminars are most of the time held on Wednesdays at 10 am. At these events researchers from IFN and other institutions present their research.

In addition, IFN organizes seminars open to the public. Topics for these are derived from the IFN research.

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