Local public transport has long enjoyed special government protection and mas-sive subsidies. It also plays a special role in transport and environmental policy. With increasing individualization in society, however, the needs of many road and rail user have changed. In a world where the...

In February 1998 a work was published in the series of discussion papers produced by the Bundesbank which was concemed with problems of measuring inflation in Gerrnany. This paper met with a lively response. The Research Group of the Bundesbank therefore staged a workshop on this subject at...