Inflation lags								
		(1)	(2)	(3)	(4)	(5)	(6)	(7)
VARIABLES	LABELS	Core CPI inflation	Core CPI inflation	Core CPI inflation	Core CPI inflation	Core CPI inflation	Core CPI inflation	Core CPI inflation
								
ur	Unemployment rate	-0.162***	-0.316***	-0.379***	-0.516	0.140	-0.582	-0.293
		[0.019]	[0.090]	[0.052]	[0.439]	[1.687]	[0.446]	[0.225]
pic	Core CPI inflation							
								
lpic	First lag	0.371***	0.324***	0.105***	0.075	0.220	0.060	0.110*
		[0.036]	[0.047]	[0.034]	[0.103]	[0.380]	[0.105]	[0.060]
epi	1 year ahead inflation expectations	0.589***	0.651***	0.225	0.215	0.264	0.210	0.198
		[0.059]	[0.073]	[0.141]	[0.147]	[0.219]	[0.150]	[0.140]
								
Observations		1,525	1,525	1,525	1,525	1,525	1,525	1,413
R-squared		0.350	0.320	0.487	0.481	0.406	0.475	0.489
Metro area FE		Yes	Yes	Yes	Yes	Yes	Yes	Yes
Year FE		No	No	Yes	Yes	Yes	Yes	Yes
Seasonal dummies		Yes	Yes	Yes	Yes	Yes	Yes	Yes
Instrument		n/a	3 year Bartik	n/a	3 year Bartik	3 year Bartik	3 year Bartik	6 leads and lags of Bartik
1st stage F-stat		n/a	27	n/a	5.7	.3	4.9	5.5
Robust standard errors in brackets								
*** p<0.01, ** p<0.05, * p<0.1