Definition: Forward-casting

Category: Statistical concept

A break in time series occurs in a particular point in time, for instance due to a change of
classification. Forward-casting is the process that allows to re-construct the time series
forward in time from this point in terms of the old classification. http://circa.europa.eu/irc/dsis/nacecpacon/info/data/en/Handbook%20part%205%20-%20Glossary.pdf Eurostat, Task Force on the implementation of NACE Rev. 2, "Back casting Handbook", Luxembourg