Exactly what we do, how, and why

“Financial economics” is a fairly opaque term and does not explain clearly what we do at McLelland + Palazzi | Financial economics.  We’ve had many questions recently about what we do for our clients and,…

BRIC agricultural yields: Growth factor effects

In my previous article “BRIC agricultural yields: Trends and theory“, I presented a number of graphs showing both BRIC country yield trends for maize, soybean, and sugarcane crops and posed a number of questions about…

BRIC agricultural yields: Trends and theory

Although BRIC countries (Brazil, Russia, India, and China) have quickly developed modern diversified economies over the last 20-30 years, agriculture remains an important part of their economies.  If one believes food self-sufficiency is beneficial to…

Zero-based budgeting methods

Consider the following two equations: Seriously; do it now before reading further.  One equation represents the essence of traditional static budgeting, and the other represents that of flexible zero-based budgeting.  Now click on and consider…

Brazil’s economy (Part 4): Government spending

Much has been said in the financial economic press about Brazilian government spending in recent years.  In many cases the articles criticize excessive government spending, and more recently–and from different ideological quarters–articles tend towards criticism…

Credit-linked notes: Overview

Credit-linked notes (CLNs) are financial instruments that can generally be used to simultaneously raise term funding, hedge credit risk, meet financial reporting objectives, and–in some cases–improve bank regulatory capital ratios.  Here is an outline of…

Biological asset valuation

This is a highly-technical article directed towards finance professionals, accountants, and auditors involved in corporate financial reporting; more specifically, for those professionals who have responsibility with understanding or complying with the biological asset valuation requirements…

Brazil’s economy (Part 3): Consumption

My last article “Brazil’s economic downturn (Part 2): Employment” presented econometric evidence consistent with 71% of Brazil’s average employment growth between 1998 and 2016 being attributable to Brazil’s internal economic sector, and 29% attributable to…

Brazil’s economy (Part 2): Employment

This second article in the series follows my previous article titled “What’s causing Brazil’s economic crisis? (Part 1)”, now renamed “Brazil’s economic downturn (Part 1): A crisis?“.  This article begins to answer the question by…

Efficient Basel III compliance

Basel, Switzerland (circa 1493): The arguable modern source of many problems in the global banking industry … and their solutions. Banking regulations have been changing rapidly and are becoming increasingly complex over the last 15…