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 |