| Exchange Rate Regime | PC Slope | t-stat | Adj. R2 | N |
|---|---|---|---|---|
| Fixed / Peg | -0.22*** | -8.6 | 25.5% | 329 |
| Crawling Peg | 0.12 | 0.6 | 19.3% | 78 |
| Crawling Band | -0.19 | -1.6 | 34.2% | 97 |
| Floating | 0.13 | 0.6 | -6.1% | 21 |
| Inflation | ||||
| Fixed / Peg | Crawling Peg | Crawling Band | Floating | |
| (1) | (2) | (3) | (4) | |
| Unemployment | -0.218*** | 0.120 | -0.192 | 0.126 |
| (0.025) | (0.195) | (0.119) | (0.205) | |
| N | 349 | 93 | 108 | 25 |
| Adjusted R2 | 0.255 | 0.193 | 0.342 | -0.061 |
| Note: | Data | |||