| Exchange Rate Regime | PC Slope | t-stat | Adj. R2 | N |
|---|---|---|---|---|
| Fixed / Peg | -0.29*** | -6.8 | 26% | 343 |
| Crawling Peg | -0.26** | -2.0 | 24.3% | 104 |
| Crawling Band | -0.6*** | -5.4 | 17.9% | 221 |
| Floating | -0.25*** | -2.9 | 20.9% | 87 |
| Inflation | ||||
| Fixed / Peg | Crawling Peg | Crawling Band | Floating | |
| (1) | (2) | (3) | (4) | |
| Unemployment | -0.292*** | -0.257** | -0.596*** | -0.249*** |
| (0.043) | (0.128) | (0.109) | (0.086) | |
| N | 364 | 121 | 237 | 93 |
| Adjusted R2 | 0.260 | 0.243 | 0.179 | 0.209 |
| Note: | Data | |||