Results 11 to 20 of about 186,602 (300)
Searching for Hysteresis [PDF]
Taking as data-generation process a standard DSGE model, we show via Monte Carlo that reliably detecting hysteresis, defined as the presence of aggregate demand shocks with a permanent impact on output, is a significant challenge, as model-consistent identification schemes (i) spuriously detect it with non-negligible probability when in fact the data ...
Benati, Luca, Lubik, Thomas
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Three competing conceptualizations of hysteresis in economics are identified: the unit/zero root approach, “true” hysteresis, and hysteresis conceived as a product of historical time.
Mark Setterfield
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Hysteresis can be defined from a dynamical systems perspective with respect to equilibrium points. Consequently, hysteresis naturally lends itself as a topic to illustrate and extend concepts in a dynamical systems course. A number of examples exhibiting hysteresis, most motivated by applications, are presented.
Amenda Chow +2 more
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This paper presents examples of hysteresis from a broad range of scientific disciplines and demonstrates a variety of forms including clockwise, counterclockwise, butterfly, pinched and kiss-and-go, respectively. These examples include mechanical systems made up of springs and dampers which have been the main components of muscle models for nearly one
Jorgelina Ramos +3 more
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Hysteresis in unemployment [PDF]
Standard macroeconomic models make a sharp distinction between equilibrium and actual unemployment. Equilibrium unemployment is determined by labour market institutions, moves slowly and is unaffected by actual unemployment. Unexpected movements in demand and supply lead to deviations of actual unemployment from equilibriumj these deviations in turn ...
Blanchard, Olivier, Summers, Lawrence H.
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Fingerprinting hysteresis [PDF]
4 pages, 5 ...
Katzgraber, Helmut G. +2 more
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Cosmological hysteresis, has interesting and vivid implications in the scenario of a cyclic bouncy universe. This, purely thermodynamical in nature, is caused by the asymmetry in the equation of state parameter during expansion and contraction phase of the universe, due to the presence of a single scalar field.
Choudhury, Sayantan, Banerjee, Shreya
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Approximation of hysteresis functional
We develop a practical discrete model of hysteresis based on nonlinear play and generalized play, for use in first-order conservation laws with applications to adsorption-desorption hysteresis models. The model is easy to calibrate from sparse data, and offers rich secondary curves. We compare it with discrete regularized Preisach models. We also prove
Malgorzata Peszynska, Ralph E. Showalter
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Does Unemployment Hysteresis Equal Employment Hysteresis?* [PDF]
This paper investigates if conclusions regarding labour market hysteresis differ depending on whether employment or unemployment rates are studied. Applying a range of unit‐root tests to monthly data from Australia, Austria, Canada, Finland, Sweden, the UK and the USA, we find results for employment rates that contrast those based on unemployment rates.
Gustavsson, Magnus, Österholm, Pär
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HDL Models of Ferromagnetic Core Hysteresis Using Timeless Discretisation of the Magnetic Slope
A new methodology is presented to assure numerically reliable integration of the magnetisation slope in the Jiles-Atherton model of ferromagnetic core hysteresis.
T. Kazmierski +3 more
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