A discrete-time model of closed-loop PWM regulators is derived to desc
ribe their dynamic behavior. No small-ripple approximations are requir
ed. The same model serves both local and global stability study: by di
scarding the nonlinear terms and using the z-transform, stability for
small-signal perturbations is checked; by keeping the nonlinear terms
(products of disturbances) and using the state-plane portrait, in whic
h equilibrium points are located, stability for large-signal perturbat
ions is studied. The theory is applied to a multiple feedback boost re
gulator operating in continuous conduction mode. Its local/global stab
ility/instability for different values of the feedback gains is determ
ined based on the new method.