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	param	t-stat
$ω$	1.9394	5.38
$α$	0.1697	7.23
$β$	0.7459	20.95
$γ_{1}$	0.0567	3.77
$γ_{2}$	-0.1316	-5.47

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Empiric Student Property PLC Spline ILLIQ Liquidity Analysis

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Parameter Estimates

News Impact Curve

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