Outer Bevel
	Create a new file. Create a new layer, Type some text on it & fill the text with any color. Make a new layer between the text & background layer. Now select the text layer by holding the Ctrl key, & click the text layer.
	Select the layer 1 & fill with black & blur it by 1. Now duplicate the layer, invert it( Ctrl+I ). Select the white layer, and nudge it two pixels right and two pixels down. Now select black layer & nudge it two pixels left & two pixels up.
	Now you can see the outer bevel.