| Exchange Rate Regime | PC Slope | t-stat | Adj. R2 | N |
|---|---|---|---|---|
| Fixed / Peg | -0.41*** | -10.6 | 36.2% | 418 |
| Crawling Peg | -0.29*** | -4.6 | 34.5% | 232 |
| Crawling Band | -0.67*** | -6.0 | 24% | 176 |
| Floating | -0.19 | -0.4 | -3.1% | 125 |
| Inflation | ||||
| Fixed / Peg | Crawling Peg | Crawling Band | Floating | |
| (1) | (2) | (3) | (4) | |
| Unemployment | -0.409*** | -0.288*** | -0.675*** | -0.186 |
| (0.039) | (0.063) | (0.113) | (0.520) | |
| N | 443 | 252 | 192 | 131 |
| Adjusted R2 | 0.362 | 0.345 | 0.240 | -0.031 |
| Note: | Data | |||