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	param	t-stat
$ω$	0.0677	4.59
$α$	0.0726	3.00
$β$	0.7586	9.21
$γ_{1}$	0.9211	1.10
$γ_{2}$	-2.8635	-1.62
$γ_{3}$	2.3169	1.08
$γ_{4}$	-0.7347	-0.34
$γ_{5}$	1.0237	0.71
$γ_{6}$	-1.1777	-1.45
$γ_{7}$	1.3954	2.04
$γ_{8}$	-1.5456	-2.15
$γ_{9}$	1.0813	1.82
$γ_{10}$	0.3328	0.61

V-Lab

Merit Group PLC Spline ILLIQ Liquidity Analysis

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Parameter Estimates

News Impact Curve

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