Publications
Furlanetto, Francesco, Gelain, Paolo, and Taheri Sanjani, Marzie (2021). Output gap, monetary policy trade-offs, and financial frictions. Review of Economic Dynamics, Volume 41, pages 52-70.
Bluwstein, Kristina, Brzoza-Brzezina, Michal, Gelain, Paolo, and Kolasa, Marcin (2020). Multi-period loans, occasionally binding constraints and monetary policy: a quantitative evaluation. Journal of Money, Credit, and Banking, Volume 52, Issue 7, Pages 1691-1718.
Gelain, Paolo, Nikolay Iskrev, Kevin J. Lansing, and Caterina Mendicino. 2019. "Inflation Dynamics and Adaptive Expectations in an Estimated DSGE Model." Journal of Macroeconomics, Volume 59, Pages 258-277.
Gelain, Paolo, Kevin J. Lansing, and Gisle J. Natvik. 2018. "Explaining the Boom-Bust Cycle in the U.S. Housing Market: A Reverse-Engineering Approach." Journal of Money, Credit, and Banking, Volume 50, Issue 8, Pages 1751-1783.
Gelain, Paolo, Kevin J. Lansing, and Gisle J. Natvik. 2018. "Leaning Against the Credit Cycle." Journal of the European Economic Association, Volume 16, Issue 5, Pages 1350-1393.
Gelain, Paolo, and Pelin Ilbas. 2017. "Monetary and Macroprudential Policies in an Estimated Model with Financial Intermediation." Journal of Economic Dynamics and Control, vol. 78, pages 164-189.
Gelain, Paolo, and Marco Guerrazzi. 2015. "A Demand-Driven Search Model with Self-Fulfilling Expectations: The New 'Farmerian' Framework Under Scrutiny." International Review of Applied Economics, vol. 29, issue 1.
Gelain, Paolo, and Kevin J. Lansing. 2014. "House Prices, Expectations, and Time-Varying Fundamentals." Journal of Empirical Finance, vol. 29(C), pages 3-25.
Gelain, Paolo, Kevin J. Lansing, and Caterina Mendicino. 2013. "House Prices, Credit Growth, and Excess Volatility: Implications for Monetary and Macroprudential Policy." International Journal of Central Banking, vol. 9(2), pages 219-276, June.
Gelain, Paolo, Diego Rodriguez-Palenzuela, and Balázs Világi. 2011. "Optimal Monetary Policy in an Estimated DSGE Model with Financial Frictions." Moneda y Credito, Número 232.
Gelain, Paolo and Dmitry Kulikov. 2011. "An Estimated Dynamic Stochastic General Equilibrium Model with Financial Frictions for Estonia." Eastern European Economics, vol. 49, no. 5, pp. 99–122.
Gelain, Paolo. 2010. "The External Finance Premium in the Euro Area: a Dynamic Stochastic General Equilibrium Analysis." North American Journal of Economics and Finance, 21, 49–71.