EF are spin-polarized.
Ferromagnetism ultimately stems from Pauli exclusion. The simplified model of a solid which is nowadays usually called the
Stoner model, can be formulated in terms of dispersion relations for
spin up and spin down electrons, : E_\uparrow(k)=\epsilon(k)-I\frac{N_\uparrow-N_\downarrow}{N},\qquad E_\downarrow(k)=\epsilon(k)+I\frac{N_\uparrow-N_\downarrow}{N}, where the second term accounts for the
exchange energy, I is the Stoner parameter, N_\uparrow/N (N_\downarrow/N) is the dimensionless density of spin up (down) electrons and \epsilon(k) is the
dispersion relation of spinless electrons where the electron-electron interaction is disregarded. If N_\uparrow +N_\downarrow is fixed, E_\uparrow(k), E_\downarrow(k) can be used to calculate the total energy of the system as a function of its polarization P=(N_\uparrow-N_\downarrow)/N. If the lowest total energy is found for P=0, the system prefers to remain
paramagnetic but for larger values of I, polarized
ground states occur. It can be shown that for : ID(E_{\rm F}) > 1 the P=0 state will spontaneously pass into a polarized one. This is the Stoner criterion, expressed in terms of the P=0
density of states at the
Fermi energy D(E_{\rm F}). A non-zero P state may be favoured over P=0 even before the Stoner criterion is fulfilled. ==Relationship to the Hubbard model==