I am researching the effects of Euroarea fiscal stimulus on inflation expectations during the crisis. The data for fiscal stimulus is given as an annual percentage of GDP, e.g. 1.5% of Euro Area GDP in 2009.
Therefore, I am not sure if I could convert it to monthly data (by simply assuming 1.5% in every month for 2009) to show the effects of this stimulus on inflation expectations during this particular period.
P.S I need monthly data as my data for inflation expectations is monthly.
Can someone help with this please? Thanks.