Table 10 Cluster-level descriptive...

Table 10

Cluster-level descriptive statistics (Brazil)

Regimes	Obs.	Average	SD	Thresholds
Regimes	Obs.	Inflation	SD	Min	Max
Low inflation	770	1.28	1.27	–	4.96
Moderate inflation	125	8.62	3.02	4.96	16.32
High inflation	44	24.07	4.38	16.32	34.34
Hyperinflation	20	45.64	13.30	34.34	–

Regimes	Obs.	Average	SD	Thresholds
Low inflation	770	1.28	1.27	–	4.96
Moderate inflation	125	8.62	3.02	4.96	16.32
High inflation	44	24.07	4.38	16.32	34.34
Hyperinflation	20	45.64	13.30	34.34	–

Note(s): The numbers correspond to monthly inflation rates

Source(s): Table by authors

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