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	param	t-stat
$ω$	0.3502	3.84
$α$	0.0588	10.70
$β$	0.9152	231.53
$γ$	0.0520	9.73

V-Lab

Bear Stearns Asymmetric ILLIQ Liquidity Analysis

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Parameter Estimates

News Impact Curve

Liquidity Forecasts

Other Bear Stearns Analyses