The effect of social and environmental sustainability on firm resilience

Double degree

Clinical practice guidelines in Portugal : quantitative and qualitative evaluation

RESUMO: Introdução As normas de orientação clínica são ferramentas úteis na translação de conhecimentos desde a investigação para a prática clínica diária. Estratégias ativas de implementação de normas de orientação clínica requerem elevado esforço organizacional e financeiro. Quando os recursos são escassos, as estratégias passivas podem ser a única opção de disseminação. Desde 2011 a Direção Geral da Saúde publicou cento e cinquenta e nove normas de orientação clínica. Nesta Tese é feita uma avaliação do impacto que estratégias de disseminação de normas de orientação clínica têm no padrão de prescrição dos médicos e uma avaliação qualitativa do processo das normas de orientação clínica em Portugal. Métodos: O primeiro artigo é um estudo quasi experimental usando uma série de análises temporais interrompida para comparar os níveis observados e esperados de prescrição de inibidores da ciclooxigenasa-2, antes e depois da publicação da norma de orientação clínica sobre a utilização de anti-inflamatórios não esteroides. O segundo estudo é um artigo de opinião e debate no qual numa primeira parte contextualiza o processo das normas da Direcção Geral da Saúde, na segunda parte aponta virtudes e defeitos no processo e a terceira parte constitui uma contribuição com vista à melhoria do processo. Discussão A produção de normas de orientação clínica requer metodologia rigorosa e complexa. A literatura médica revela que a translação de conhecimento é uma tarefa árdua. Estratégias de implementação ativas requerem recursos financeiros e organizacionais sólidos. Estratégias de implementação passivas podem representar uma solução aceitável se os recursos financeiros e organizacionais escasseiam. Pouco é conhecido sobre a eficácia destas estratégias fora do contexto de investigação. Com esta Tese pretendo contribuir para a clarificação desta resposta, outros países e instituições podem ver utilidade nesta informação, bem como pretendo contribuir para a discussão e melhoria do processo das normas de orientação clínica em Portugal. ------------------ ABSTRACT: Introduction Clinical practice guidelines can help address the failure to translate research findings into clinical practice. Active clinical practice guidelines implementation strategies require active efforts from organizations and are resource and financially demanding. Passive implementation strategies may represent the only option if resources are scarce. Out of research environment, real world efficacy of passive implementation strategies is still undetermined. Since 2011 the Portuguese General Health Directorate published one hundred and fifty nine guidelines. In this Thesis I evaluate the impact of passive dissemination of clinical practice guideline in clinician’s prescription behavior and review, from a qualitative point of view, the Portuguese clinical practice guideline process. Methods The first study is a quasi-experimental study using a retrospective interrupted time-series analysis design to compare the observed and expected prescription of cyclooxygenase-2 before and after the non steroidal antiinflammatory guideline publication. The second study is an opinion and debate article in which I firstly review the General Health Directorate guideline process. The second part states positive and negative aspects in the process and the third part is a contribution aimed at improving the process in the future. Discussion Clinical practice guidelines production demands a rigorous and complex methodology. medical iterature reveals that knowledge translation is a difficult task. Active implementation strategies demand solid financial and organizational resources. Passive implementation strategies may represent an acceptable solution if financial and organizational resources are scarce. Little is known about the efficacy of these strategies out of the research context. With this Thesis I intend to contribute to clarify this question, other countries and institutions with similar conditions may find this information useful, and also to contribute for the discussion and general improvement of national clinical practice guidelines process.

Basel III new capital requirements, impacts and bank behavior

For some years, researchers could not find a clear effect of capital adequacy on the risk profile of banks, as shareholders could increase the riskiness of the assets (qualitative effect), crowding-out the effect of reduced leverage (volume effect). Some shareholders might have the will to increase the riskiness of the assets, but they may lack the power to do so. Considering only ”powerful” shareholders, definitive conclusions were drawn but with constant ownership profile. In this paper I investigate whether there is a significant change in the type of shareholders in response to regulatory capital shocks and, if so, will the banking system be in the hands of more “desired” shareholders. I find that ownership profile responds to a regulatory shock, changing the risk appetite of the ruling power at the bank. I find more banks and the government in the ownership of undercapitalised banks and much less institutional shareholders and free float. I claim that these new shareholders may not the desired ones, given the objective of the regulatory change, as they are associated with a preference for more leverage. One possible explanation for this crowding-out effect is that regulators are trying to contain idiosyncratic risk (more linked to the riskiness of the assets) with a rule that contains systematic risk (capital adequacy). This has a distorting effect on ownership. Another insight can be drawn from the tests: supervisors should be aware of significant ownership movements that cause the crowding-out.

Fiscal adjustments and sovereign default in different government systems

This paper extends the model of Spolaore (2004) about adjustments in di erent government systems for the context of scal adjustments and sovereign default. We introduce asymmetry between groups in income and preferences towards scal reforms. Default a ects di erently each group and becomes a possibility if reforms are not enacted after public nance solvency shocks, in uencing the political game according to its likelihood. With the extensions, new situations which were not possible with the previous framework arise. After the exposition of the model, the Argentine default in 2001 provides an example of the political con icts addressed by the model.

Relatório de estágio na Federação Portuguesa de Futebol

This report aims to present and describe in detail the internship held in the Legal Division of the Portuguese Football Federation (FPF) from February, 15th to June, 15th 2015, in order to obtain a Master degree in Law. This internship had, as prior objective, to understand the work of the Legal Division and what its role in the organizational structure of FPF. Initially, and in order to acquaintance with the greatest diversity possible of topics on which the Legal Division has to pronounce, we proceed with the analysis and resolution of several questions that have been presented to us. In a second phase, and after deepen the study of a particular subject - the Intermediate – we sought to clarify the procedure that needed to be adopted after the entry into force of the two new Regulations on the matter - the FIFA Regulations and the FPF Regulations. The transfer of the responsibility for regulation of this matter from FIFA to the National Federations, has raised a new challenge, which this report aims help solving, becoming a quasi-instruction manual on the procedures involving intermediaries, in order to facilitate the role of those involved.

Ion-beam sources based on superionic solid electrolytes

An ion emitter consisting of a sharp silver tip covered in RbAg4I5 solid electrolyte film has been developed and studied. An accelerating potential is applied and Ag+ ions are emitted from the tip’s apex by field evaporation. The emitted ions are collected by a Faraday cup, producing a current on the pico/nanoampere level which is read by an electrometer. The tips were produced mechanically by sandpaper polishing. The sharpest tip produced had a 2:4 m apex radius. Two deposition methods were studied: thermal vacuum and pulsed laser deposition. The best tip produced a peak current value of 96nA at 180oC, and a quasi-stable 4nA emission current at 160oC, both using an extraction potential of 10kV . The emission dependence on time, temperature and accelerating potential has been studied. Deposited films were characterized by X-ray diffraction (XRD), profilometry, optical and Scanning Electron Microscope (SEM) and Secondary Ion Mass Spectroscopy (SIMS) measurements. Several ion emitters were developed, the latter ones were all able to maintain stable high ion emissions for long periods of time. This investigation was a continuation of an ongoing project backed by the European Space Agency, with the objective of making a proof of concept of this kind of ion emitter with potential application on ion thrusters for orbiting satellites. Going forward, it would be interesting to make a finer analysis of the electrolyte’s conductivity at high temperatures, explore Wien Effect-based emission and to further develop a multi-tip ion emitter prototype.

Envelhecimento ativo : qualidade de vida relacionada com a saúde em idosos praticantes de atividade física : Gigong

RESUMO - Racional : A proporção da população nacional de idosos regista uma tendência crescente e as suas consequências a nível humano, social e económico são preocupantes para os gestores dos serviços de saúde. O Qigong, componente da Medicina Tradicional Chinesa, compreende a realização de movimentos suaves, controlo da respiração e meditação. Objetivos e hipóteses: No âmbito da prática de atividade física enquanto estratégia de um envelhecimento ativo, investigou-se a hipótese do Qigong contribuir para a melhoria da Qualidade de Vida Relacionada com a Saúde dos idosos participantes nesta investigação. Pretendeu-se igualmente investigar a contribuição do Qigong na redução das Frequências Respiratória e Cardíaca. Métodos: Tratou-se de um estudo quasi-experimental, antes e depois da prática de Qigong, caraterizando-se os idosos, avaliando-se a Qualidade de Vida Relacionada com a Saúde através do Questionário SF-12v2 e as Frequências Respiratória e Cardíaca, antes e depois das sessões de Qigong. Resultados: Observou-se uma adesão ao programa de 46%, constatando-se uma tendência global para a melhoria da Qualidade de Vida Relacionada com a Saúde após a prática de Qigong, com diferença estatisticamente significativa na dimensão Função Social do questionário (p = 0,046) e na redução da Frequência Respiratória (p = 0,031). Nas dimensões Desempenho Emocional e Medida Sumário Mental, observou-se um nível de tendência sugestivo de efeito (p <0,10). Foram demonstrados benefícios sentidos por parte dos idosos, decorrentes da prática de Qigong. Conclusão: O Qigong demonstrou efetividade na melhoria da qualidade de vida social e redução da Frequência Respiratória, sugerindo melhoria ao nível mental e emocional dos idosos.

Magnetotransport properties of metal/LaAlO3/SrTiO3 heterostructures

The quasi two-dimensional electron gas (q2DEG) hosted in the interface of an epitaxially grown lanthanum aluminate (LaAlO3) thin film with a TiO2-termi-nated strontium titanate (SrTiO3) substrate (001) has been massively studied in the last few years. The confinement of mobile electrons to within a few nanome-ters from the interface, superconductive behavior at low temperatures and elec-tron mobility exceeding 1000 cm2/(V.s) make this system an interesting candi-date to explore the physics of spin injection and transport. However, due to the critical thickness for conduction of 4 unit cells (uc) of LaAlO3, a high tunneling resistance hampers electrical access to the q2DEG, preventing proper injection of spin polarized current. Recently, our group found that depositing a thin overlayer of Co on LaAlO3 reduces the critical thickness, enabling conduction with only 1 uc of LaAlO3. Two scenarios arise to explain this phenomenon: a pinning of the Fermi level in the metal, inducing charge transfer in the SrTiO3; the creation of oxygen vacancies at the interface between LaAlO3 and the metal, leading to an n-type doping of the SrTiO3. In this dissertation, we will report on magnetotransport of metal/LaAlO3/SrTiO3 (metal: Ti, Ta, Co, Py, Au, Pt, Pd) heterostructures with 2 uc of LaAlO3 studied at low temperatures (2 K) and high magnetic fields (9 T). We have analyzed the transport properties of the gas, namely, the carrier concen-tration, mobility and magnetotransport regime and we will discuss the results in the light of the two scenarios mentioned above.

Modelo hidrogeológico e rede de monitorização da água subterrânea na Zona Industrial e Logística de Sines (ZILS)

Na Zona Industrial e Logística de Sines (ZILS) estão instaladas empresas e indústrias que interferem na quantidade e qualidade da água subterrânea de aquíferos da região. Estas utilizam e libertam poluentes que, consequentemente, quando não cumpridas as normas de segurança, podem causar impactes no ambiente. A ZILS situa-se no Sistema Aquífero de Sines, na Massa de Água 032-Sines, este é constituído por dois aquíferos, um superficial detrítico livre e outro carbonatado profundo confinado. Apesar de se encontrarem separados em grande parte da sua extensão, na região sul, estes aquíferos encontram-se em conexão hidráulica. Esta ocorre a este da falha da Maria das Moitas onde, a partir da qual e até ao limite com o Paleozóico, não foi reconhecida a unidade argilosa do Miocénico, aumentado assim a vulnerabilidade do sistema e a pertinente otimização da rede de monitorização. Para a realização de um estudo mais aprofundado e avaliação dos efeitos sobre as águas subterrâneas na área de estudo, definiu-se uma metodologia de trabalho que engloba 4 etapas: (i) revisão bibliográfica; (ii) recolha de dados geológicos e hidrogeológicos dos arquivos da aicep Global Parques, S.A., SNIRH e LNEG; (iii) tratamento e análise dos dados obtidos em ArcGIS e traçado de perfis geológicos interpretativos; (iv) realização do modelo geológico e hidrogeológico e respetiva adequação da rede de monitorização. O modelo hidrogeológico concebido mostra que o escoamento no Sistema Aquífero de Sines se processa, predominantemente, de E para W a partir do limite situado no contacto por falha entre as unidades do Paleozóico e Meso-Cenozóico com orientação, quase perpendicular, à ribeira dos Moinhos. A este deste alinhamento é assinalada a presença de um aquífero fissurado sob as areias do Plio-Plistocénico localizado na Formação de Mira. O escoamento neste aquífero faz-se de NE para SW, em direção ao oceano, para a praia de S. Torpes.

Drilling deeper: Understanding trade in Angola

The present study analyzes Angola’s trading partners from 2005 to 2015 in order to understand the main drivers of Exports and Imports growth. Departing from a gravity model, foreign GDP growth and real exchange rate fluctuations were interpreted as demand and supply disturbances on Exports. While nominal and real exports both increase with demand expansions, they react differently to supply shocks. Imports are growing at the same rate as Angola’s economy while exchange rate fluctuations capture the wealth effect of Oil price in the economy.

Measuring the effects of price movements on private consumption

This paper studies how shocks in the prices of Food, Energy and Financial Assets affect private consumption using a VAR Model. Then, the total effects are broken into direct and indirect effects, using the coefficients taken from the previous model. We use quarterly data for the Portuguese economy from the last 20 years. We found that energy prices and financial assets have a strong connection with consumption, suggesting that the economy may be too exposed to shocks in these markets.

Comparative analysis of Spanish Banks’ Standalone credit profile

The paper studies the relationship between four differently rated bank’s financial profile and their standalone credit rating issued by Moody’s. The comparative analysis shows an example that despite their pricing power and geographical coverage, larger banks do not necessarily have better credit ratings. Instead, business model and risk appetite seem to be the defining factors of banks’ vulnerability to shocks, such as the Spanish real estate crisis. The risk-return relationship is also identified in the banks’ fundamentals meaning that while expansionary strategy in riskier asset classes enhances margins, it also potentially distorts the credit risk profile.

Bias in returns to tenure when firm wages and employment comove: A quantitative assessment and solution

It is well known that, unless worker-firm match quality is controlled for, returns to firm tenure (RTT) estimated directly via reduced form wage (Mincer) equations will be biased. In this paper we show that even if match quality is properly controlled for there is a further pervasive source of bias, namely the co-movement of firm employment and firm wages. In a simple mechanical model where human capital is absent and separation is exogenous we show that positively covarying shocks (either aggregate or firm level) to firms employment and wages cause downward bias in OLS regression estimates of RTT. We show that the long established procedures for dealing with "traditional" RTT bias do not circumvent the additional problem we have identified. We argue that if a reduced form estimation of RTT is undertaken, firm-year fixed effects must be added in order to eliminate this bias. Estimates from two large panel datasets from Portugal and Germany show that the bias is empirically important. Adding firm-year fixed effects to the regression increases estimates of RTT in the two respective countries by between 3.5% and 4.5% of wages at 20 years of tenure over 80% (50%) of the estimated RTT level itself. The results extend to tenure correlates used in macroeconomics such as the minimum unemployment rate since joining the firm. Adding firm-year fixed effects changes estimates of these effects also.

CARACTERIZAÇÃO TECNOLÓGICA DE MADEIRAS AMAZÔNICAS PARA A CONSTRUÇÃO PESADA.

O presente trabalho foi desenvolvido com seis (seis) espécies florestais, gitó (Guarea trichilioides),louro-chumbo (Licaria canela),cumarurana (Dypteryx pollyphylla),louro-aritu (Licaria arltu),macucu-fofo (Licania oblongifolia)e melancieira (Alexa grandiflora),oriundas da área da Hidrelétrica de Balbina no município de Presidente Figueiredo-AM, as quais foram submetidas aos ensaios de densidade básica, flexão estática, compressão paralela e perpendicular às fibras, dureza Janka e testes de tratabilidade, alem de levantamentos bibliográficos acerca da durabilidade natural dae mesmas, objetivando uma classificação em categorias de usos finais, tais como: pontes, carrocerias, dormentes e pilares. Os resultados obtidos revelaram que somente a espécie denominada melancieira não apresentou os requisitos exigidos para as utilizações mencionadas.

Monitoring the early stiffness development in epoxy adhesives for structural strengthening

The present work aimed to assess the early-age evolution of E-modulus of epoxy adhesives used for Fibre-Reinforced Polymer (FRP) strengthening applications. The study involved adapting an existing technique devised for continuous monitoring of concrete stiffness since casting, called EMM-ARM (Elasticity Modulus Measurement through Ambient Response Method) for evaluation of epoxy stiffness. Furthermore, monotonic tensile tests according to ISO standards and cyclic tensile tests were carried out at several ages. A comparison between the obtained results was performed in order to better understand the performance of the several techniques in the assessment of stiffness of epoxy resins. When compared to the other methodologies, the method for calculation of E-modulus recommended by ISO standard led to lower values, since in the considered strain interval, the adhesive had a non-linear stress–strain relationship. The EMM-ARM technique revealed its capability in clearly identifying the hardening kinetics of epoxy adhesives, measuring the material stiffness growth during the entire curing period. At very early ages the values of Young׳s modulus obtained with quasi-static tests were lower than the values collected by EMM-ARM, due to the fact that epoxy resin exhibited a significant visco-elastic behaviour.