| Exchange Rate Regime | PC Slope | t-stat | Adj. R2 | N |
|---|---|---|---|---|
| Fixed / Peg | -0.24*** | -5.6 | 18.5% | 216 |
| Crawling Peg | 0.32 | 1.3 | 49.7% | 96 |
| Crawling Band | -0.14 | -1.3 | 73.9% | 154 |
| Floating | -0.23 | -0.8 | -3.4% | 49 |
| Inflation | ||||
| Fixed / Peg | Crawling Peg | Crawling Band | Floating | |
| (1) | (2) | (3) | (4) | |
| Unemployment | -0.243*** | 0.324 | -0.140 | -0.230 |
| (0.043) | (0.251) | (0.104) | (0.273) | |
| N | 234 | 108 | 168 | 53 |
| Adjusted R2 | 0.185 | 0.497 | 0.739 | -0.034 |
| Note: | Data | |||