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Browsing AUT Business School by Author "Fernandez-Perez, A"

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    • When no news is good news - The decrease in investor fear after the FOMC announcement 

      Frijns, BPM; Fernandez-Perez, A (The New Zealand Finance Colloquium, 2015)
      This paper examines the impact of FOMC announcements on the intraday behavior of the VIX and VIX futures. We find that the VIX and the VIX futures start to decline immediately after the FOMC announcement, and this decline ...

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