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Although estimates of future production must be forward looking, we show how the observed sequence of historical drilling results leads naturally to a statistical estimator of the remaining volume of technically recoverable resource.
I have explained my preference for using inflation forecasts rather than actual inflation in the policy rule: Monetary policy works with a lag, and therefore policy decisions must be forward looking.
Similar(58)
Previously it was about looking back, now it must be forward-looking, especially in the current economic era.
Monetary policy, however, must be forward-looking, taking action today to stem future inflationary pressure.
"Political leaders must be forward-looking … responsive to the entire world community as well as their own countries," he said.
It takes at least a year for interest-rate changes to have their main impact on the economy, which is why policy must be forward-looking.
Therefore, gold is forward-looking, and those who trade it must be forward-looking as well.
Scientists aspiring to senior management positions must be forward-looking thinkers, have an entrepreneurial spirit, and be focused.
Government must be forward-looking, too.
Secondly, the budget must be forward-looking.
Markets are forward looking.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com