| Exchange Rate Regime | PC Slope | t-stat | Adj. R2 | N |
|---|---|---|---|---|
| Fixed / Peg | -0.36*** | -5.1 | 6.6% | 353 |
| Crawling Peg | -0.03 | -0.3 | -0.5% | 205 |
| Crawling Band | 0.15** | 2.0 | 1.1% | 274 |
| Floating | 0.14 | 1.1 | 0.4% | 87 |
| Inflation | ||||
| Fixed / Peg | Crawling Peg | Crawling Band | Floating | |
| (1) | (2) | (3) | (4) | |
| Unemployment | -0.364*** | -0.029 | 0.153** | 0.139 |
| (0.071) | (0.109) | (0.077) | (0.121) | |
| N | 355 | 207 | 276 | 89 |
| Adjusted R2 | 0.066 | -0.005 | 0.011 | 0.004 |
| Note: | Data | |||