Project Finance and Development

By Jacob Lee 2018-07-26 In a modern economy, companies finance themselves with equities and debts. If their business gets the degree to which they no longer internally finance with founders’ own assets, they start to seek more financial liquidity through external financing. In return, companies pay dividends to equity holders and interests to debt holders, …

It’s Economy, stupid!

By Jacob Lee July 22nd, 2018 In 2015, the United Nations (UN) set the Sustainable Development Goals (SDGs), which are comprised of 17 global goals to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. Calling for a strong cooperation among countries to effectively deal with looming global challenges, goals …

[QGIS] Capital Bike in Washington DC

By Jacob Lee 2018-07-13 It is quite common to see people riding a bike in Washington, DC. Everyday, people pay a couple of dollars to commute around the city. Additionally, on the weekends, there are lots of tourists coming from other cities and they need a faster transportation method for a sightseeing. Indeed, renting a …

Energy Poverty and Financing

By Jacob Lee Updated July 12, 2018 Thanks to the electricity, we can watch our favorite shows on TV, make a phone call to our friend and read books at night before we sleep. Because electricity is a part of almost every aspect of our daily lives, we may feel helpless when a sudden blackout …

[STATA] Normal distribution 2 & Normal apprximation

[Problem 1] For a normal distribution with mean -1.5 and standard deviation 6, you are given the following events and probabilities: A =  {X<=C1} and P(A) = 0.45 B =  {x >=C2} and P(B) = 0.8 a) determine the values of C1 and C2. Remember that "the norm.inv()" function requires the form x < c …