Acerca de um osso do Plistocénico da Mealhada: presença de um «tigre dente de sabre», Homotherium latidens (OWEN, 1846)

The presence of a Pleistocene saber-toothed cat, Homotherium latidens, is recorded for the first time in Portugal. The site near Mealhada yielded together with others in the same area, several mammalian remains, other fossils and prehistoric industries. It has been reported to the Riss-Wurm interglacial. This is a rather late occurrence of Homotherium at a time when populations were scarce and near total extinction.

Estudo de implementação da NP EN ISO 22000:2005 na sala de desmancha de carnes frescas da empresa “X” Cash & Carry

Dissertação para obtenção do Grau de Mestre em Tecnologia e Segurança Alimentar

Conde de Casal Ribeiro: um percurso político no liberalismo oitocentista (1846-1896)

Dissertação apresentada para cumprimento dos requisitos necessários à obtenção do grau de Mestre em História Contemporânea,

A Arte em Portugal no Século XX (1911-1961) José-Augusto França e a perspetiva sociológica

Dissertação apresentada para cumprimento dos requisitos necessários à obtenção do grau de Mestre em História da Arte: Variante Contemporânea

O retrato na encruzilhada da pintura em Portugal (1911-1949)

Tese apresentada para cumprimento dos requisitos necessários à obtenção do grau de Doutor em História da Arte Contemporânea

Res Publica: Citizenship and Political Representation in Portugal, 1820-1926

The term res publica (literally “thing of the people”) was coined by the Romans to translate the Greek word politeia, which, as we know, referred to a political community organised in accordance with certain principles, amongst which the notion of the “good life” (as against exclusively private interests) was paramount. This ideal also came to be known as political virtue. To achieve it, it was necessary to combine the best of each “constitutional” type and avoid their worst aspects (tyranny, oligarchy and ochlocracy). Hence, the term acquired from the Greeks a sense of being a “mixed” and “balanced” system. Anyone that was entitled to citizenship could participate in the governance of the “public thing”. This implied the institutionalization of open debate and confrontation between interested parties as a way of achieving the consensus necessary to ensure that man the political animal, who fought with words and reason, prevailed over his “natural” counterpart. These premises lie at the heart of the project which is now being presented under the title of Res Publica: Citizenship and Political Representation in Portugal, 1820-1926. The fact that it is integrated into the centenary commemorations of the establishment of the Republic in Portugal is significant, as it was the idea of revolution – with its promise of rupture and change – that inspired it. However, it has also sought to explore events that could be considered the precursor of democratization in the history of Portugal, namely the vintista, setembrista and patuleia revolutions. It is true that the republican regime was opposed to the monarchic. However, although the thesis that monarchy would inevitably lead to tyranny had held sway for centuries, it had also been long believed that the monarchic system could be as “politically virtuous” as a republic (in the strict sense of the word) provided that power was not concentrated in the hands of a single individual. Moreover, various historical experiments had shown that republics could also degenerate into Caesarism and different kinds of despotism. Thus, when absolutism began to be overturned in continental Europe in the name of the natural rights of man and the new social pact theories, initiating the difficult process of (written) constitutionalization, the monarchic principle began to be qualified as a “monarchy hedged by republican institutions”, a situation in which not even the king was exempt from isonomy. This context justifies the time frame chosen here, as it captures the various changes and continuities that run through it. Having rejected the imperative mandate and the reinstatement of the model of corporative representation (which did not mean that, in new contexts, this might not be revived, or that the second chamber established by the Constitutional Charter of 1826 might not be given another lease of life), a new power base was convened: national sovereignty, a precept that would be shared by the monarchic constitutions of 1822 and 1838, and by the republican one of 1911. This followed the French example (manifested in the monarchic constitution of 1791 and in the Spanish constitution of 1812), as not even republicans entertained a tradition of republicanism based upon popular sovereignty. This enables us to better understand the rejection of direct democracy and universal suffrage, and also the long incapacitation (concerning voting and standing for office) of the vast body of “passive” citizens, justified by “enlightened”, property- and gender-based criteria. Although the republicans had promised in the propaganda phase to alter this situation, they ultimately failed to do so. Indeed, throughout the whole period under analysis, the realisation of the potential of national sovereignty was mediated above all by the individual citizen through his choice of representatives. However, this representation was indirect and took place at national level, in the hope that action would be motivated not by particular local interests but by the common good, as dictated by reason. This was considered the only way for the law to be virtuous, a requirement that was also manifested in the separation and balance of powers. As sovereignty was postulated as single and indivisible, so would be the nation that gave it soul and the State that embodied it. Although these characteristics were common to foreign paradigms of reference, in Portugal, the constitutionalization process also sought to nationalise the idea of Empire. Indeed, this had been the overriding purpose of the 1822 Constitution, and it persisted, even after the loss of Brazil, until decolonization. Then, the dream of a single nation stretching from the Minho to Timor finally came to an end.

A Sociedade Propaganda de Portugal : Turismo e Modernidade (1906-1911)

Esta dissertação tem como tema a Sociedade Propaganda de Portugal, associação fundada em 1906 e que constituiu uma primeira experiência de introdução de uma aposta articulada na actividade turística em Portugal. Mais do que isso, a Propaganda de Portugal apresentou uma proposta ambiciosa e coerente de modernização do país, aspecto que preside à análise da actividade que desenvolveu ao longo dos seus primeiros anos de existência. O trabalho abre com uma análise do percurso do fundador, Leonildo de Mendonça e Costa, e de que forma este influenciou a criação da Sociedade, sendo depois analisado todo o processo de fundação, enquadrado no Portugal de 1900, bem como a evolução da Sociedade em termos de membros, liderança e discurso. A análise do projecto de modernização ocupa a maior parte do trabalho, separada pelas diversas áreas de actuação: transportes, serviços, melhoramentos, hotelaria, estâncias e propaganda; prestando-se a devida atenção às formas de actuação que privilegiou e à distância que se verificou entre projectos e realizações, bem como às causas dessa distância.

Libertad, derechos naturales y "multiculturalismo" en el pensamiento de Silvestre Pinheiro Ferreira (1769-1846)

Versión electrónica da obra disponible en e-Archivo http://hdl.handle.net/10016/13565

O ensino e a investigação em Zoologia e em Botânica na Escola Politécnica de Lisboa (1837-1911)

A presente dissertação tem por objectivo o estudo do estabelecimento e da evolução das cadeiras de zoologia e de botânica da Escola Politécnica de Lisboa (EPL), desde a sua fundação, em 1837, até à reforma republicana do ensino de 1911, situando-a no meio científico da época e no contexto sociopolítico do Liberalismo português. Através de uma análise contextualista, explora-se o modo como a definição de um espaço físico próprio foi condição essencial à legitimação e à afirmação do ensino e da investigação em cada uma das áreas científicas em estudo. A criação de uma instituição de estatuto nacional, o Museu de Lisboa, foi fundamental para que a investigação científica em zoologia e em botânica encontrasse um lugar próprio na EPL e se projectasse internacionalmente, o que constituiu um passo importante para a sua consolidação no meio científico nacional. O ensino também desempenhou um papel neste processo, ao permitir a circulação de novas teorias científicas, incluindo o evolucionismo de Darwin e Haeckel e o neolamarckismo de diversos naturalistas franceses, por sucessivas gerações de alunos. A criação das cadeiras de zoologia e de botânica teve, ainda, um impacte a nível político, ao permitir que alguns dos seus professores alcançassem, através da autoridade científica adquirida nas suas áreas de especialidade, um lugar de destaque na definição de políticas dos governos liberais, quer ao nível da organização do território agrícola nacional e da modernização das práticas agrícolas existentes, quer na mobilização de esforços para a defesa de pretensões colonialistas em África. A presente dissertação mostra que a análise da institucionalização da zoologia e da botânica na EPL é fundamental para compreender a evolução do meio científico português, bem como a implementação de reformas pelos governos liberais, ao longo do século XIX.

Beyond the carry trade: Optimal currency portfolios

Author's Pre-print

Getting the carry trade's jackpot

This Working Project studies five portfolios of currency carry trades formed with the G10 currencies. Performance varies among strategies and the most basic one presents the worst results. I also study the equity and Pure FX risk factors which can explain the portfolios’ returns. Equity factors do not explain these returns while the Pure FX do for some of the strategies. Downside risk measures indicate the importance of using regime indicators to avoid losses. I conclude that although using VAR and threshold regression models with a variety of regime indicators do not allow the perception of different regimes, with a defined exogenous threshold on real exchange rates, an indicator of liquidity and the volatilities of the spot exchange rates it is possible to increase the average returns and reduce drawdowns of the carry trades

Introducing risk parity on momentum and carry portfolios

The momentum and carry anomalies have been extensively documented in the literature. However, there are still many issues relating to the risks associated to them that are left unexplained. One is the fact that an investor holds for too long the most volatile assets, both under momentum and carry strategies. Therefore, they present a level of risk and a probability of extreme events to happen inconsistent. This work project hypothesizes and proves the introduction of risk parity rules on the weights of the portfolios do increase risk rewarding of carry strategies. However, it fails under momentum strategies.

Carry and trend-following strategies

Recent research has shown that carry and trend strategies when combined lead to significant risk-adjusted returns that can be very attractive to investors, at a low cost with small and positive skewness. This study proposes to combine both carry and trend-following, considering a data set of ten years (09/2005-09/2015), within a portfolio composed by three major asset classes: currencies, commodities and equity indices. Following a futures-based methodology, the obtained results show that, indeed, the strategy results inevitably in higher returns and greater sharpe ratios for every asset class in study. This outcome results from the fact that trend proved to provide a significant hedge to the downside risk that carry is exposed to.

Surrogacy in Portugal

Surrogacy is the arrangement made by at least three people, in order for a surrogate or gestational mother to carry a pregnancy for the two intended parents, with the objective of the former party relinquishing all rights to the child, once the child is born. As it has only been in recent years that that same reproductive method has begun to be commonly accepted due to certain modern scientific developments that thus diminished ethical and moral negative stances, there is still an unsettling legal void (both at a national and international level) in regards to such subsidiary form of reproduction. As such, some countries have not only left their citizens with no choice but to travel abroad in order to enter a surrogacy arrangement (leading to private international law issues on establishing parenthood and nationality of the born child) or to resort to surrogacy within black market conditions. Unfortunately, one of those countries is Portugal as it has been considered, both by its political parties and experts in the area, and by its citizens as not dealing adequately with such theme and thus being poorly equipped to deal with surrogacy, at both a legal and social level. The present paper attempts to analyse Portugal’s current legal perspective by looking at the present efforts being made to contradict the current situation, and thus outline altruistic gestational surrogacy’s tangible future within such nation. In order to also become aware of possible improvements specifically regarding to the full protection of human rights and human dignity as a whole, the United Kingdom’s legal standpoint in relation to surrogacy was also studied. Via direct comparison of both social and legal perspectives, a new approach to altruistic surrogacy is thus proposed with view to suggest a harmonious solution for countries that have at least recognized that the present issue deserves to be duly noticed and that altruistic gestational surrogacy may exist in order to grant protection of human dignity and not to place it in check.