Paolo Gelain

Norges Bank

Senior Economist

P.O. Box 1179

Oslo, N-0107

Norway

SCHOLARLY PAPERS

11

DOWNLOADS
Rank 42,962

SSRN RANKINGS

Top 42,962

in Total Papers Downloads

1,106

SSRN CITATIONS
Rank 12,259

SSRN RANKINGS

Top 12,259

in Total Papers Citations

37

CROSSREF CITATIONS

51

Scholarly Papers (11)

1.

House Prices, Credit Growth, and Excess Volatility: Implications for Monetary and Macroprudential Policy

Forthcoming, International Journal of Central Banking, Norges Bank Working Paper 2012|08
Number of pages: 52 Posted: 02 May 2013 Last Revised: 07 Jul 2016
Norges Bank, Federal Reserve Banks - Federal Reserve Bank of San Francisco and Bank of Portugal
Downloads 478 (64,687)
Citation 21

Abstract:

Loading...

Asset pricing, Excess volatility, Credit booms, Housing bubbles, Monetary policy, Macroprudential policy

2.

Monetary and Macroprudential Policies in an Estimated Model with Financial Intermediation

National Bank of Belgium Working Paper No. 258
Number of pages: 52 Posted: 10 May 2014
Paolo Gelain and Pelin Ilbas
Norges Bank and National Bank of Belgium - Research Department
Downloads 137 (229,564)
Citation 24

Abstract:

Loading...

Monetary policy, financial frictions, macroprudential policy, policy coordination, capital tax/subsidy

House Prices, Expectations, and Time-Varying Fundamentals

Forthcoming in Journal of Empirical Finance, Federal Reserve Bank of San Francisco Working Paper Series, Working Paper 2013-03
Number of pages: 39 Posted: 16 Mar 2013 Last Revised: 07 Jul 2016
Paolo Gelain and Kevin J. Lansing
Norges Bank and Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 67 (371,223)
Citation 5

Abstract:

Loading...

asset pricing, excess volatility, housing bubbles, predictability, time-varying risk premiums, expected returns

House Prices, Expectations, and Time-Varying Fundamentals

Forthcoming in Journal of Empirical Finance
Number of pages: 39 Posted: 23 May 2013 Last Revised: 18 Jul 2016
Paolo Gelain and Kevin J. Lansing
Norges Bank and Federal Reserve Banks - Federal Reserve Bank of San Francisco
Downloads 44 (453,316)
Citation 10

Abstract:

Loading...

Asset pricing, Excess volatility, Housing bubbles, Predictability, Time-varying risk premiums, Expected returns

4.

Explaining the Boom-Bust Cycle in the U.S. Housing Market: A Reverse-Engineering Approach

Norges Bank Working Paper 11 | 2014
Number of pages: 37 Posted: 17 Jul 2015 Last Revised: 10 Feb 2018
Norges Bank, Federal Reserve Banks - Federal Reserve Bank of San Francisco and BI Norwegian Business School - Department of Economics
Downloads 108 (273,997)
Citation 9

Abstract:

Loading...

Housing bubbles, Mortgage debt, Borrowing constraints, Lending standards, Macroprudential policy

5.

The External Finance Premium in the Euro Area: A Useful Indicator for Monetary Policy?

ECB Working Paper No. 1171
Number of pages: 57 Posted: 19 Apr 2010
Paolo Gelain
Norges Bank
Downloads 65 (372,500)

Abstract:

Loading...

NK DSGE, Euro Area External Finance Premium, Financial Accelerator, Bayesian Estimation, Inflation

6.

Output Gap in Presence of Financial Frictions and Monetary Policy Trade-Offs

IMF Working Paper No. 14/128
Number of pages: 45 Posted: 14 Aug 2014
Norges Bank, Norges Bank and International Monetary Fund (IMF)
Downloads 61 (384,709)

Abstract:

Loading...

Economic growth, Business cycles, Monetary policy, Macroprudential Policy, Econometric models, Financial Frictions, Potential output, Optimal Monetary Policy, Output Gap., inflation, monetary economics, wage inflation, central bank, inflation target, price inflation, inflation stabilization, gdp deflator, monetary policy rule, nominal interest rate, monetary policy rules, stable prices, rational expectations, monetary fund, macroeconomic stability, long-term interest rates, nominal rate of return, inflation rate, inflation targeting, money markets, monetary authority, price stability, inflation dynamics, financial stability, monetary policy instrument, central bank monetary policy, real wage

7.

Monetary and Macroprudential Policy with Multiperiod Loans

Number of pages: 34 Posted: 19 Aug 2015
National Bank of Poland, Norges Bank and National Bank of Poland
Downloads 40 (461,302)
Citation 3

Abstract:

Loading...

multi-period contracts, general equilibrium models, monetary

8.

Leaning Against the Credit Cycle

Norges Bank Working Paper 4 | 2015
Number of pages: 36 Posted: 04 May 2015
Norges Bank, Federal Reserve Banks - Federal Reserve Bank of San Francisco and BI Norwegian Business School - Department of Economics
Downloads 37 (474,320)
Citation 11

Abstract:

Loading...

Monetary policy, credit, long-term debt.

Output Gap, Monetary Policy Trade-Offs and Financial Frictions

Norges Bank Working Paper 8/2017
Number of pages: 56 Posted: 02 May 2017
Norges Bank, Norges Bank and International Monetary Fund (IMF)
Downloads 19 (593,376)
Citation 1

Abstract:

Loading...

financial frictions, output gap, monetary policy

10.

Monetary and Macroprudential Policy with Multi-Period Loans

Norges Bank Working Paper 16 | 2014
Number of pages: 32 Posted: 04 May 2015
National Bank of Poland, Norges Bank and National Bank of Poland
Downloads 33 (492,854)
Citation 6

Abstract:

Loading...

multi-period contracts, monetary policy, macroprudential policy

11.

Structural Factors, Unemployment and Monetary Policy: The Useful Role of the Natural Rate of Interest

Norges Bank Working Paper 17/2016
Number of pages: 34 Posted: 19 Jan 2017
Francesco Furlanetto and Paolo Gelain
Norges Bank and Norges Bank
Downloads 17 (586,408)

Abstract:

Loading...

Optimal Monetary Policy; Taylor Rules; Natural Rate of Interest; Natural Rate of Unemployment; Labor Force Shocks