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	param	t-stat
$ω$	2.2737	9.18
$α$	0.1191	5.69
$β$	0.7492	17.28
$γ_{1}$	0.0748	2.71
$γ_{2}$	-0.1650	-3.85
$γ_{3}$	0.1744	4.45
$γ_{4}$	-0.1768	-2.95

V-Lab

Emclaire Financial Corp Spline ILLIQ Liquidity Analysis

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Parameter Estimates

News Impact Curve

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