Table 2 Estimated parameters of the state space models for the \({\widetilde{{p}}}_{{jt}}\) for each skill class j

From: Accelerated demand for interpersonal skills in the Australian post-pandemic labour market

 

Interpersonal

Analytical

Digital

Manual

α

0.234

0.368

<0.001

0.482

β

<0.001

<0.001

<0.001

l0

0.174

0.118

0.0165

0.081

b0

0.002

0.002

<0.001

σ

0.010

0.010

0.001

0.064

RMSE (percentage point)

1.00

0.98

0.12

0.57