1 Abstract In this thesis, we present an empirical analysis of integration between the Baltic and global stock markets during the period between 2000 and 2018. This research is spurred by the fact that all three Baltic countries displaying similar positive economic developments over the studied horizon. Using the theoretical and empirical findings from similar research papers, we ground our work for the analysis. Our methodology is based on three different models: DCC-GARCH, total and frequency connectedness, and the Engle-Granger cointegration test. Using these methods, we are able to determine both short- or long-term relationship dynamics. Based on the results from our empirical analysis we were not able to reject the null hypotheses, that the Baltic states have become more integrated between themselves and the global market. At best, our results would suggest a weak form of integration given that there were indeed some notable dynamic changes. Following these results, we provide insight on interdependencies between the Baltic states and their relationships with the global stock markets. Most notable dynamics are captured by the total connectedness measure, which indicates that the Baltic stock markets show a significantly increased connectedness with the global indices, during turbulent times in the...

Desenvolveu-se uma metodologia para integração de dois modelos matemáticos, um de quantidade de água, em rede de fluxo, denominado ACQUANET com outro de qualidade de água, de uma dimensão, aplicado a represas, denominado CE-QUAL-R1. Para tanto, foi elaborada uma INTERFACE em linguagem de programação possibilitando que as vazões resultantes, simuladas pelo ACQUANET, servissem como dados de entrada ao CE-QUAL-R1 para simular a distribuição vertical das variáveis de qualidade de água em uma represa. Essa metodologia foi aplicada à Represa Jaguari-Jacareí no Sistema Cantareira em São Paulo, Brasil, como alternativa de gerenciamento quali-quantitativo, além de possibilitar o uso de retirada de água em diferentes profundidades, através da operação de tomadas d’água seletivas existentes. / A methodology was developed for the integration of two mathematical models, one of water quantity in network named ACQUANET with other of water quality, in one dimension, applied in revervoirs, named CE-QUAL-R1. In order to achieve this goal, an INTERFACE was developed to link the CE-QUAL-R1 with ACQUANET outflow results. It should be highlighted that ACQUANET has been used for beginning values of CE-QUAL-R1 and to simulate the vertical distribution of water quality variables in a reservoir. This methodology was applied to Jaguari-Jacarei Reservoir, of Cantareira System in Sao Paulo, Brazil, as a management quality and quantity tool of the system and it showed the use possibility of withdrawal of outflowing waters from different depths, through existing selective withdrawals ports operation.

Desenvolveu-se uma metodologia para integração de dois modelos matemáticos, um de quantidade de água, em rede de fluxo, denominado ACQUANET com outro de qualidade de água, de uma dimensão, aplicado a represas, denominado CE-QUAL-R1. Para tanto, foi elaborada uma INTERFACE em linguagem de programação possibilitando que as vazões resultantes, simuladas pelo ACQUANET, servissem como dados de entrada ao CE-QUAL-R1 para simular a distribuição vertical das variáveis de qualidade de água em uma represa. Essa metodologia foi aplicada à Represa Jaguari-Jacareí no Sistema Cantareira em São Paulo, Brasil, como alternativa de gerenciamento quali-quantitativo, além de possibilitar o uso de retirada de água em diferentes profundidades, através da operação de tomadas d’água seletivas existentes. / A methodology was developed for the integration of two mathematical models, one of water quantity in network named ACQUANET with other of water quality, in one dimension, applied in revervoirs, named CE-QUAL-R1. In order to achieve this goal, an INTERFACE was developed to link the CE-QUAL-R1 with ACQUANET outflow results. It should be highlighted that ACQUANET has been used for beginning values of CE-QUAL-R1 and to simulate the vertical distribution of water quality variables in a reservoir. This methodology was applied to Jaguari-Jacarei Reservoir, of Cantareira System in Sao Paulo, Brazil, as a management quality and quantity tool of the system and it showed the use possibility of withdrawal of outflowing waters from different depths, through existing selective withdrawals ports operation.