A time-independent theoretical and numerical analysis of an optical bistabl
e model of two-level atoms in a ring cavity, driven by a coherent field and
in contact with a squeezed vacuum field is presented in the two cases of a
bsorptive and dispersive optical bistability (OB). In the former case, a su
itable choice of the phase of the squeezed vacuum field reduces the thresho
ld for OB to occur compared with the normal vacuum case. In the latter case
, regions of OB are identified as one or two disconnected simple closed cur
ves depending on the cooperation parameter C-<(>) C-crit(max): C-crit(max)
is the maximum possible value of the critical value of C at fixed values of
the squeezed vacuum field parameters. Phase switching effects between diff
erent (output) states of the system is investigated in detail. In the absor
ptive case, one- or two-way optical switching is possible depending on C-<(
>) C-crit(max). We also present results which demonstrate more complicated
switching behaviour in the dispersive case.