Hi all, I have a VAR regression produced out based on my Development data period. I now wish for this VAR model to predict the future values but with some variables to have a fixed value (that variable will not be forecasted by my VAR model).
For example: My VAR model is below A = a1A_t-1 + b1B_t-1 + c1C_t-1 B = a2A_t-1 + b2B_t-1 + c2C_t-1 C = a3A_t-1 + b3B_t-1 + c3C_t-1
I want the VAR model to predict A and B but for C I have a set of values I wish to input. How do I do this?