Julian Fennema

Heriot Watt University

Telephone Number: 0131 451 3492

Email address: j.a.fennema@hw.ac.uk

Homepage: http://www.sml.hw.ac.uk/somjaf/

Department Telephone Number: 0131 451 3485

Research interests

• Broadly Transition Economics and Finance
• Emerging financial markets, firm capital structure and investment dynamics

Work in progress

• modelling investment-financing constraints at the firm-level in transition economies
• duration models of large investment episodes and non-linear investment dynamics
• depth of financial markets in transition economies and the role of government in alleviating credit constraints

Recent publications

Bevan, A.A and Fennema J.A., 2003, “Finance, Restructuring and Performance in Privatised Russian Enterprises”, Comparative Economic Studies, 45(2), pp. 117-147