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	param	t-stat
$ω$	1.8406	7.49
$α$	0.0628	9.44
$β$	0.9198	101.01
$γ_{1}$	-0.1057	-3.40
$γ_{2}$	0.0935	1.88
$γ_{3}$	0.0597	1.71
$γ_{4}$	-0.0626	-2.35
$γ_{5}$	0.0461	2.03
$γ_{6}$	-0.0113	-0.36

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Taubman Centers Inc Spline ILLIQ Liquidity Analysis

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Parameter Estimates

News Impact Curve

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