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	param	t-stat
$ω$	2.5556	2.97
$α$	0.1180	6.15
$β$	0.8720	54.38
$γ_{1}$	-0.1761	-2.30
$γ_{2}$	0.2933	2.53
$γ_{3}$	-0.2449	-1.86
$γ_{4}$	0.3613	1.44
$γ_{5}$	-0.1364	-0.42
$γ_{6}$	-0.5973	-2.23
$γ_{7}$	1.0091	4.84

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Royal Bancshares of Pennsylvania Inc Spline ILLIQ Liquidity Analysis

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News Impact Curve

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