| Exchange Rate Regime | PC Slope | t-stat | Adj. R2 | N |
|---|---|---|---|---|
| Fixed / Peg | -1.21*** | -9.6 | 31% | 239 |
| Crawling Peg | -1.87*** | -7.1 | 23.4% | 187 |
| Crawling Band | -1.8*** | -5.9 | 24.2% | 198 |
| Floating | -1.84*** | -4.8 | 25.1% | 123 |
| Inflation | ||||
| Fixed / Peg | Crawling Peg | Crawling Band | Floating | |
| (1) | (2) | (3) | (4) | |
| Unemployment | -1.213*** | -1.868*** | -1.798*** | -1.839*** |
| (0.126) | (0.263) | (0.302) | (0.381) | |
| N | 256 | 199 | 210 | 129 |
| Adjusted R2 | 0.310 | 0.234 | 0.242 | 0.251 |
| Note: | Data | |||