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If the unemployment rate exhibits hysteresis, then it follows a statistically non-stationary process, because the expected value of the unemployment rate now and in the future permanently shifts when the rate itself changes. The process with hysteresis is a unit root process, which in its simplest form can be characterized as
In control theory, a bang–bang controller (hysteresis, 2 step or on–off controller), is a feedback controller that switches abruptly between two states. These controllers may be realized in terms of any element that provides hysteresis. They are often used to control a plant that accepts a binary input, for example a furnace that is either ...
Electrical hysteresis typically occurs in ferroelectric material, where domains of polarization contribute to the total polarization. Polarization is the electrical dipole moment (either C·m −2 or C·m). The mechanism, an organization of the polarization into domains, is similar to that of magnetic hysteresis.
The insider-outsider theory is a theory of labor economics that explains how firm behavior, national welfare, and wage negotiations are affected by a group in a more privileged position. [1] The theory was developed by Assar Lindbeck and Dennis Snower in a series of publications beginning in 1984. [1] [2] [3] Wages set by insiders [4]
Hysteresis is an important concept in alternative stable state theory. In this ecological context, hysteresis refers to the existence of different stable states under the same variables or parameters. Hysteresis can be explained by "path-dependency", in which the equilibrium point for the trajectory of "A → B" is different from for "B → A ...
This effect is called hysteresis: the input voltage has to drop past a different, lower threshold to 'un-latch' the output and reset it to its original digital value. By reducing the extent of the positive feedback, the hysteresis-width can be reduced, but it can not entirely be eradicated. The Schmitt trigger is, to some extent, a latching ...
blocked rotor test A test of an electric machine where the machine is energized but the shaft is prevented from turning. Blu-ray A type of optical disc written and read using a blue/violet laser. Bode plot A plot of the amplitude and phase frequency response of a system, where the actual response is approximated by straight line segments.
Administering exams. The Test of Understanding in College Economics or TUCE is a standardized test of economics used across the United States for over 50 years. [1]The test is nationally norm-referenced in the United States for use at the undergraduate level, primarily targeting introductory or principles-level coursework in economics.