Modeling the United States Unemployment Rate with the Preisach Model of Hysteresis
A system with hysteresis is one that exhibits path dependent but rate independent memory. Hysteresis can be observed physically through the magnetization of a ferromagnetic material. In order to mathematically describe systems with hysteresis, we use the Preisach model. A discussion of the Preisa...
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Virginia Tech
2014
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| Online Access: | http://hdl.handle.net/10919/32595 http://scholar.lib.vt.edu/theses/available/etd-05112009-172919/ |