		(1)	(2)	(3)	(4)	(5)	(6)
VARIABLES	LABELS	CAR3	CAR5	CAR11	BHAR12	BHAR24	BHAR36
							
treatpost	treatpost	0.043***	0.040*	0.040	0.312***	0.508***	0.639***
		(0.013)	(0.020)	(0.031)	(0.083)	(0.062)	(0.170)
o.treat	treat = o,	-	-	-	-	-	-
							
o.Second_City	Second_City = o,						-
							
							
Observations		3,306	3,306	3,306	3,233	3,233	2,827
R-squared		0.621	0.635	0.642	0.588	0.638	0.715
Adjuested R-squared		0.190	0.220	0.237	0.119	0.225	0.349
Robust standard errors in parentheses							
*** p<0.01, ** p<0.05, * p<0.1							
