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	param	t-stat
$ω$	0.9857	4.03
$α$	0.0936	0.24
$β$	0.9064	2.32
$γ_{1}$	-0.0947	-0.03
$γ_{2}$	-0.1718	-0.06
$γ_{3}$	0.3829	0.55
$γ_{4}$	-0.0901	-0.09
$γ_{5}$	-0.0073	-0.00
$γ_{6}$	-0.2863	-0.11

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Panera Bread Co Spline ILLIQ Liquidity Analysis

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Parameter Estimates

News Impact Curve

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