data of "The Persistence of Intermediate Exchange Rate Regimes: Empirical Evidence from 186 Economies"

Variable name Explanation Data Sources exarr Categorized into peg, intermediate, and floating regimes Ilzetzki et al.(2019) inter Indicator variable for intermediate exchange rate regimes(inter=1,non-inter=0) reserve Ratio of foreign exchange reserves to GDP World Bank inflation Annual percentage change in the consumer price index size Economic size (= Log of GDP based on PPP) ecodev Level of economic development (= Log of real per capita GDP based on PPP) ecomon Level of economic monetization (= broad money growth rate) moshock Monetary shock (= standard deviation of broad money growth rate over the past 5 years) totshock Real shock (= standard deviation of the log of terms of trade over the past 5 years) curacc Current account balance fdev Degree of financial development (= private sector credit/GDP) Policy Political stability(=1/ACTOTAL) MEPV kaopen Chinn-Ito index, capturing the degree of capital account liberalization Chinn & Ito(2006)