| Exchange Rate Regime | PC Slope | t-stat | Adj. R2 | N |
|---|---|---|---|---|
| Fixed / Peg | -0.67*** | -14.4 | 57.4% | 499 |
| Crawling Peg | -0.94*** | -8.3 | 38% | 263 |
| Crawling Band | -1.19*** | -6.1 | 49.4% | 191 |
| Floating | -0.23 | -0.4 | -0.6% | 125 |
| Inflation | ||||
| Fixed / Peg | Crawling Peg | Crawling Band | Floating | |
| (1) | (2) | (3) | (4) | |
| Unemployment | -0.670*** | -0.939*** | -1.188*** | -0.230 |
| (0.046) | (0.113) | (0.194) | (0.588) | |
| N | 529 | 284 | 208 | 131 |
| Adjusted R2 | 0.574 | 0.380 | 0.494 | -0.006 |
| Note: | Data | |||