New answers tagged international-economics
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If I had this problem and I wanted to estimate it for Italy, but could not get access to Italian data, then I would construct a Bayesian model and treat it as free parameters in one of two ways.
First, you could take the grand mean and the joint variance and construct a maximum entropy distribution for the mean and the variance jointly. You could then ...
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I'm not entirely sure this would be possible to do using German data, though very happy to be corrected.
It seems that the data you have is largely driven by parking search costs, therefore could you not try and find internationally comparable data on travel to work time, control for a few bits and then try and see whether you can find parking search costs ...
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