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	param	t-stat
$ω$	100.0000	1,000,000,000.00
$α$	1.0000	9,999,910.00
$β$	0.0000	90.00
$γ_{1}$	55.0269	550,268,700.00
$γ_{2}$	-170.6718	-1,706,718,000.00
$γ_{3}$	1,462.7860	14,627,860,000.00
$γ_{4}$	-6,627.3920	-66,273,920,000.00
$γ_{5}$	16,216.2800	162,162,800,000.00
$γ_{6}$	-41,147.4500	-411,474,500,000.00

V-Lab

450 PLC Spline ILLIQ Liquidity Analysis

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Parameter Estimates

News Impact Curve

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