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	param	t-stat
$ω$	0.8414	2.26
$α$	0.0497	1.17
$β$	0.4433	1.03
$γ_{1}$	42.1508	4.09
$γ_{2}$	-71.9547	-5.16
$γ_{3}$	33.2115	3.19
$γ_{4}$	2.0008	0.17
$γ_{5}$	-1.2683	-0.11
$γ_{6}$	-8.6439	-0.61
$γ_{7}$	5.5418	0.38
$γ_{8}$	-4.5469	-0.33
$γ_{9}$	12.0812	0.79
$γ_{10}$	-25.8934	-1.49

V-Lab

Efficient Group Ltd Spline ILLIQ Liquidity Analysis

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Parameter Estimates

News Impact Curve

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