	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
	p1	p2	p3	p4	p5	p6	p7	p8
VARIABLES	y1	y1	y1	y1	y1	y1	y1	y1
								
_bs_1	0.205***	0.247***	0.250***	0.232***	0.133***	0.118***	0.114***	0.122***
	(3.28)	(4.88)	(4.90)	(5.34)	(4.93)	(5.23)	(4.93)	(5.37)
_bs_2	0.270***	0.254***	0.256***	0.258***	0.031	0.031	0.045	0.030
	(4.57)	(5.77)	(5.93)	(5.88)	(0.66)	(0.89)	(1.22)	(0.79)
_bs_3	0.249***	0.252***	0.254***	0.249***	0.065*	0.060**	0.068**	0.061**
	(5.08)	(6.19)	(6.33)	(6.56)	(1.89)	(2.21)	(2.36)	(2.12)
								
Observations	2,539	2,539	2,539	2,539	2,539	2,539	2,539	2,539
z-statistics in parentheses								
*** p<0.01, ** p<0.05, * p<0.1								
