Table 6.
Bayesian multilevel model to explain employment expectations in the NMS (March: 2020-May: 2021)
| Variable | Mean | Standard deviation | MCSE |
|---|---|---|---|
| COVID-19 Google Trends index | -0.137 | 0.137 | 0.0030 |
| Unemployment rate | -0.749 | 1.496 | 0.109 |
| HICP | -0.097 | 0.551 | 0.186 |
| Constant | 106.203 | 61.262 | 1.787 |
| Country Constant: variance | 66.512 | 65.958 | 6.143 |
| Constant for: | |||
| Bulgaria (1) | 0.3697203 | 4.77971 | 0.152961 |
| Czech Republic (2) | -4.438333 | 6.594413 | 0.468893 |
| Cyprus (3) | 7.626711 | 6.354317 | 0.470293 |
| Croatia (4) | 3.421721 | 5.742293 | 0.410962 |
| Estonia (5) | -8.238133 | 4.979064 | 0.237517 |
| Latvia (6) | 0.269058 | 5.150721 | 0.297261 |
| Lithuania (7) | 7.026892 | 6.126025 | 0.397598 |
| Malta (8) | -10.8533 | 5.687147 | 0.398492 |
| Poland (9) | -4.582714 | 5.487007 | 0.337046 |
| Romania (10) | -0.5582815 | 4.293737 | 0.177375 |
| Slovenia (11) | 3.145243 | 4.541451 | 0.171461 |
| Slovakia (12) | 2.222557 | 4.427087 | 0.193693 |
| Hungary (13) | 5.760411 | 5.0481 | 0.215312 |
Source: own computations in Stata 16