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Working Paper 2001-025B

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"Fixing Swiss Potholes: The Importance of Improvements"
by Michael J. Dueker, and Andreas M. Fischer

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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Category > Monetary Policy/Macroeconomics
Author > Michael J. Dueker