In Adjustable Speed Drives (ASDs) for industrial and traction applications the pulse width modulation (PWM) inverters may produce a shaft voltage due to the capacitive couplings between the windings and the rotor and between the rotor and the stator. Such shaft voltage may be so intense to generate breakdown of the lubricating film in the motor bearings and the associated impulsive currents damage the bearing elements thus affecting the overall ASD reliability. In order to analyze these phenomena and carry out appropriate system design, suitable numerical models are needed which accurately take into account the effects of electromagnetic wave propagation and reflection and the frequency-dependent distributed losses in the system. For this p...