Exchange Rate Regime PC Slope t-stat Adj. R2 N
Fixed / Peg -1.13*** -10.0 27.1% 355
Crawling Peg -1.66*** -6.6 24% 235
Crawling Band -1.7*** -7.4 25.1% 312
Floating -1.42*** -4.7 27.8% 130
Inflation
Fixed / Peg Crawling Peg Crawling Band Floating
(1) (2) (3) (4)
Unemployment -1.132*** -1.663*** -1.697*** -1.420***
(0.113) (0.253) (0.228) (0.303)
N 355 235 312 130
Adjusted R2 0.271 0.240 0.251 0.278
Note: Data