Details about Paolo Gelain

Access statistics for papers by Paolo Gelain.

Last updated 2023-03-16. Update your information in the RePEc Author Service.

Short-id: pge110

Working Papers

2024

1. Oil Price Fluctuations and US Banks
   Working Papers, Federal Reserve Bank of Cleveland
2. Oil Price Fluctuations, US Banks, and Macroprudential Policy
   Working Papers, Federal Reserve Bank of Cleveland

2023

3. A DSGE Model Including Trend Information and Regime Switching at the ZLB
   Working Papers, Federal Reserve Bank of Cleveland

2022

4. The financial accelerator mechanism: does frequency matter?
   Working Paper Series, European Central Bank View citations (1)
   Also in Working Papers, Federal Reserve Bank of Cleveland (2022) View citations (2)

2020

5. Monetary Policy with Judgment
   Working Papers, Federal Reserve Bank of Cleveland View citations (1)
   Also in Working Paper Series, European Central Bank (2020) View citations (1)
6. Online Appendix to "Output Gap, Monetary Policy Trade-offs, and Financial Frictions"
   Online Appendices, Review of Economic Dynamics View citations (1)
   See also Journal Article Output Gap, Monetary Policy Trade-offs, and Financial Frictions, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2021) View citations (3) (2021)
7. Output Gap, Monetary Policy Trade-offs, and Financial Frictions
   Working Papers, Federal Reserve Bank of Cleveland View citations (5)
   Also in Working Paper, Norges Bank (2017) View citations (2)
   See also Journal Article Output Gap, Monetary Policy Trade-offs, and Financial Frictions, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2021) View citations (3) (2021)

2019

8. Multi-period loans, occasionally binding constraints and monetary policy: a quantitative evaluation
   NBP Working Papers, Narodowy Bank Polski View citations (2)
   Also in Bank of England working papers, Bank of England (2018) View citations (5)
   Working Papers, Federal Reserve Bank of Cleveland (2019) View citations (1)
   See also Journal Article Multiperiod Loans, Occasionally Binding Constraints, and Monetary Policy: A Quantitative Evaluation, Journal of Money, Credit and Banking, Blackwell Publishing (2020) View citations (8) (2020)

2017

9. Leaning Against the Credit Cycle
   Working Paper Series, Federal Reserve Bank of San Francisco View citations (10)
   Also in Working Paper, Norges Bank (2015) View citations (20)
   See also Journal Article Leaning Against the Credit Cycle, Journal of the European Economic Association, European Economic Association (2018) View citations (14) (2018)

2016

10. Structural factors, unemployment and monetary policy: the useful role of the natural rate of interest
    Working Paper, Norges Bank

2015

11. Explaining the Boom-Bust Cycle in the U.S. Housing Market: A Reverse-Engineering Approach
    Working Paper, Norges Bank View citations (5)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2015) View citations (3)
    See also Journal Article Explaining the Boom–Bust Cycle in the U.S. Housing Market: A Reverse‐Engineering Approach, Journal of Money, Credit and Banking, Blackwell Publishing (2018) View citations (11) (2018)

2014

12. A demand-driven search model with self-fulfilling expectations: The new `Farmerian' framework under scrutiny
    MPRA Paper, University Library of Munich, Germany View citations (1)
    See also Journal Article A demand-driven search model with self-fulfilling expectations: the new 'Farmerian' framework under scrutiny, International Review of Applied Economics, Taylor & Francis Journals (2015) View citations (4) (2015)
13. Monetary and macroprudential policies in an estimated model with financial intermediation
    Working Paper Research, National Bank of Belgium View citations (27)
    See also Journal Article Monetary and macroprudential policies in an estimated model with financial intermediation, Journal of Economic Dynamics and Control, Elsevier (2017) View citations (69) (2017)
14. Monetary and macroprudential policy with multi-period loans
    Working Paper, Norges Bank View citations (25)
    Also in NBP Working Papers, Narodowy Bank Polski (2014) View citations (15)
15. Output Gap in Presence of Financial Frictions and Monetary Policy Trade-offs
    IMF Working Papers, International Monetary Fund View citations (10)

2013

16. House Prices, Expectations, and Time-Varying Fundamentals
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (33)
    Also in Working Paper, Norges Bank (2013) View citations (14)
    See also Journal Article House prices, expectations, and time-varying fundamentals, Journal of Empirical Finance, Elsevier (2014) View citations (53) (2014)

2012

17. House Prices, Credit Growth, and Excess Volatility: Implications for Monetary and Macroprudential Policy
    Dynare Working Papers, CEPREMAP View citations (27)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2012) View citations (17)
    Working Paper, Norges Bank (2012) View citations (23)
    See also Journal Article House Prices, Credit Growth, and Excess Volatility: Implications for Monetary and Macroprudential Policy, International Journal of Central Banking, International Journal of Central Banking (2013) View citations (104) (2013)

2010

18. The external finance premium in the euro area A useful indicator for monetary policy?
    Working Paper Series, European Central Bank View citations (15)

2009

19. An estimated dynamic stochastic general equilibrium model for Estonia
    Bank of Estonia Working Papers, Bank of Estonia View citations (13)

Journal Articles

2024

1. Understanding Post-Pandemic Surprises in Inflation and the Labor Market
   Economic Commentary, 2024, 2024, (11), 6

2021

2. Output Gap, Monetary Policy Trade-offs, and Financial Frictions
   Review of Economic Dynamics, 2021, 41, 52-70 View citations (3)
   See also Working Paper Online Appendix to "Output Gap, Monetary Policy Trade-offs, and Financial Frictions", Online Appendices (2020) View citations (1) (2020)
   Working Paper Output Gap, Monetary Policy Trade-offs, and Financial Frictions, Working Papers (2020) View citations (5) (2020)
   Software Item Code and data files for "Output Gap, Monetary Policy Trade-offs, and Financial Frictions", Computer Codes (2020) (2020)

2020

3. Multiperiod Loans, Occasionally Binding Constraints, and Monetary Policy: A Quantitative Evaluation
   Journal of Money, Credit and Banking, 2020, 52, (7), 1691-1718 View citations (8)
   See also Working Paper Multi-period loans, occasionally binding constraints and monetary policy: a quantitative evaluation, NBP Working Papers (2019) View citations (2) (2019)

2019

4. Inflation dynamics and adaptive expectations in an estimated DSGE model
   Journal of Macroeconomics, 2019, 59, (C), 258-277 View citations (13)

2018

5. Explaining the Boom–Bust Cycle in the U.S. Housing Market: A Reverse‐Engineering Approach
   Journal of Money, Credit and Banking, 2018, 50, (8), 1751-1783 View citations (11)
   See also Working Paper Explaining the Boom-Bust Cycle in the U.S. Housing Market: A Reverse-Engineering Approach, Working Paper (2015) View citations (5) (2015)
6. Leaning Against the Credit Cycle
   Journal of the European Economic Association, 2018, 16, (5), 1350-1393 View citations (14)
   See also Working Paper Leaning Against the Credit Cycle, Working Paper Series (2017) View citations (10) (2017)

2017

7. Monetary and macroprudential policies in an estimated model with financial intermediation
   Journal of Economic Dynamics and Control, 2017, 78, (C), 164-189 View citations (69)
   See also Working Paper Monetary and macroprudential policies in an estimated model with financial intermediation, Working Paper Research (2014) View citations (27) (2014)

2015

8. A demand-driven search model with self-fulfilling expectations: the new 'Farmerian' framework under scrutiny
   International Review of Applied Economics, 2015, 29, (1), 81-104 View citations (4)
   See also Working Paper A demand-driven search model with self-fulfilling expectations: The new `Farmerian' framework under scrutiny, MPRA Paper (2014) View citations (1) (2014)

2014

9. House prices, expectations, and time-varying fundamentals
   Journal of Empirical Finance, 2014, 29, (C), 3-25 View citations (53)
   See also Working Paper House Prices, Expectations, and Time-Varying Fundamentals, Working Paper Series (2013) View citations (33) (2013)

2013

10. House Prices, Credit Growth, and Excess Volatility: Implications for Monetary and Macroprudential Policy
    International Journal of Central Banking, 2013, 9, (2), 219-276 View citations (104)
    See also Working Paper House Prices, Credit Growth, and Excess Volatility: Implications for Monetary and Macroprudential Policy, Dynare Working Papers (2012) View citations (27) (2012)

2011

11. An Estimated Dynamic Stochastic General Equilibrium Model with Financial Frictions for Estonia
    Eastern European Economics, 2011, 49, (5), 97-120 View citations (7)

2010

12. The external finance premium in the Euro area: A dynamic stochastic general equilibrium analysis
    The North American Journal of Economics and Finance, 2010, 21, (1), 49-71 View citations (45)

Software Items

2020

1. Code and data files for "Output Gap, Monetary Policy Trade-offs, and Financial Frictions"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Output Gap, Monetary Policy Trade-offs, and Financial Frictions, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2021) View citations (3) (2021)