| Exchange Rate Regime | PC Slope | t-stat | Adj. R2 | N |
|---|---|---|---|---|
| Fixed / Peg | -0.34*** | -3.1 | 11.2% | 148 |
| Crawling Peg | -0.81*** | -5.9 | 26.1% | 152 |
| Crawling Band | -0.59*** | -3.6 | 18.7% | 198 |
| Floating | -0.8*** | -6.6 | 43.5% | 100 |
| Inflation | ||||
| Fixed / Peg | Crawling Peg | Crawling Band | Floating | |
| (1) | (2) | (3) | (4) | |
| Unemployment | -0.336*** | -0.812*** | -0.595*** | -0.796*** |
| (0.107) | (0.138) | (0.166) | (0.121) | |
| N | 160 | 163 | 212 | 106 |
| Adjusted R2 | 0.112 | 0.261 | 0.187 | 0.435 |
| Note: | Data | |||