Exchange Rate Regime PC Slope t-stat Adj. R2 N
Fixed / Peg -0.19*** -8.1 10.6% 543
Crawling Peg -0.21*** -2.9 2.1% 333
Crawling Band -0.07 -0.9 0% 422
Floating 0.3*** 3.1 6.1% 129
Inflation
Fixed / Peg Crawling Peg Crawling Band Floating
(1) (2) (3) (4)
Unemployment -0.188*** -0.211*** -0.073 0.299***
(0.023) (0.073) (0.080) (0.098)
N 545 335 424 131
Adjusted R2 0.106 0.021 -0.0004 0.061
Note: Data