Fixing Swiss potholes: The importance and cyclical nature of improvements
This note sheds new light on the dynamic properties of maintenance and repair and examines the behavior of an additional form of capital spending- that of improvements. The analysis examines a unique long-run data set on Swiss road spending.
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- Ambler, Steve & Paquet, Alain, 1994. "Stochastic Depreciation and the Business Cycle," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 35(1), pages 101-116, February.
- Ellen R. McGrattan & James A. Schmitz, 1999. "Maintenance and repair: too big to ignore," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Fall, pages 2-13.
- Craig Burnside & Martin Eichenbaum & Sergio Rebelo, 1995.
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- Collard, Fabrice & Kollintzas, Tryphon, 2000. "Maintenance, Utilization, and Depreciation along the Business Cycle," CEPR Discussion Papers 2477, C.E.P.R. Discussion Papers.
- Steve Ambler & Alain Paquet, 1992. "Stochastic Depreciation and the Business Cycle Puzzle," Cahiers de recherche CREFE / CREFE Working Papers 8, CREFE, Université du Québec à Montréal.
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"Labor Hoarding and the Business Cycle,"
NBER Working Papers
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- repec:adr:anecst:y:2000:i:58:p:05 is not listed on IDEAS
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