| Exchange Rate Regime | PC Slope | t-stat | Adj. R2 | N |
|---|---|---|---|---|
| Fixed / Peg | -0.56*** | -12.5 | 39.3% | 276 |
| Crawling Peg | -0.11 | -0.5 | 10.8% | 88 |
| Crawling Band | -0.16 | -1.0 | 30.6% | 158 |
| Floating | -0.52*** | -3.1 | 29.2% | 76 |
| Inflation | ||||
| Fixed / Peg | Crawling Peg | Crawling Band | Floating | |
| (1) | (2) | (3) | (4) | |
| Unemployment | -0.561*** | -0.114 | -0.157 | -0.522*** |
| (0.045) | (0.232) | (0.153) | (0.167) | |
| N | 294 | 102 | 172 | 80 |
| Adjusted R2 | 0.393 | 0.108 | 0.306 | 0.292 |
| Note: | Data | |||