0 the situation where changes in one part of the economy take time to have an effect on other parts: --
Hysteresis effects arising from the recession include long-term unemployment and drops in productivity levels.
Switching on occurs at a higher level of autoinducer than switching off (hysteresis).
The simpler versions of the hysteresis idea explain this observation by suggesting that unemployed workers become deskilled and are thereby prevented from regaining employment.
Another challenging task we plan to deal with in the near future is the characterisation of hysteresis in piezoelectric systems by means of inverse methods.
As the model highlights the role of fiscal policies to explain hysteresis, we also study the behavior of the direct tax rates.
In contrast, the flexible economy was initially located at the border of the hysteresis range and is now located outside the hysteresis range.
This is because the hysteresis of the micro-process affects the dynamics.
Hysteresis, due to dry friction between the netting and the rubber tube, makes control of such a device rather complicated.
The next transition, which takes the system into a state of nonaxisymmetric drifting vortices, shows hysteresis.
