Meanings
adjectiveWold-causal (comparative more Wold-causal, superlative most Wold-causal)
comparative more Wold-causal · superlative most Wold-causal
- causal in the sense of Herman Wold.
The VAR literature has often relied on assuming a Wold-causal order for the elements of #92;mathbfy#95;t to organize the triangular factorization of the reduced-form, residual variance-covariance matrix, #92;boldsymbol#92;Omega#61;#92;mathbfP#92;mathbfP'.
2005 March 29, Òscar Jordà, “Estimation and Inference of Impulse Responses by Local Projections”, in American Economic Review, volume 95, number 1, page 163
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APA
Wold-causal. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/Wold-causal
MLA
“Wold-causal.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/Wold-causal. Accessed November 4, 2026.
Chicago
WatkinsX Dictionary, s.v. “Wold-causal,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/Wold-causal.
Source: Wold-causal on Wiktionary, CC BY-SA 4.0.