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Nina Biljanovska

International Monetary Fund (IMF)

700 19th Street, N.W.

Washington, DC 20431

United States

SCHOLARLY PAPERS

6

DOWNLOADS

753

TOTAL CITATIONS

2

Scholarly Papers (6)

1.
Downloads 459 (160,805)

Housing Affordability: A New Dataset

IMF Working Paper No. 2023/247
Number of pages: 36 Posted: 06 Dec 2023
Nina Biljanovska, Chenxu Fu and Deniz Igan
International Monetary Fund (IMF), Independent and Bank for International Settlements (BIS)
Downloads 359 (207,476)

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housing affordability, real estate markets

Housing Affordability: A New Dataset

Number of pages: 33 Posted: 23 Jul 2024
Deniz Igan, Nina Biljanovska and Chenxu Fu
Bank for International Settlements (BIS), International Monetary Fund (IMF) and Independent
Downloads 100 (737,592)

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Housing affordability, real estate markets

Sudden Stops and Optimal Policy in a Two-Agent Economy

IMF Working Paper No. 2022/147
Number of pages: 54 Posted: 02 Aug 2022
Nina Biljanovska and Alexandros Vardoulakis
International Monetary Fund (IMF) and Board of Governors of the Federal Reserve System
Downloads 82 (812,480)
Citation 2

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Sudden Stops, agent heterogeneity, macroprudential policy, payroll tax policy

Sudden Stops and Optimal Policy in a Two-Agent Economy

Number of pages: 52 Posted: 04 Jul 2022
Nina Biljanovska and Alexandros Vardoulakis
International Monetary Fund (IMF) and Board of Governors of the Federal Reserve System
Downloads 52 (1,083,731)

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Sudden Stops, agent heterogeneity, macroprudential policy, payroll tax policy

Monetary Policy and Housing Overvaluation

IMF Working Paper No. 2025/207
Number of pages: 43 Posted: 15 Oct 2025
International Monetary Fund (IMF), International Monetary Fund (IMF), University of California, Berkeley and International Monetary Fund
Downloads 53 (1,060,784)

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Monetary Policy, Overvalued Housing Markets, House Price Expectations, housing market overvaluation, monetary policy shock, housing overvaluation, house price expectation, monetary policy transmission, interaction term, Housing prices, Central bank policy rate, Housing, Asset bubbles, Asset prices

Monetary Policy and Housing Overvaluation

NBER Working Paper No. w34404
Number of pages: 42 Posted: 28 Oct 2025
International Monetary Fund (IMF), International Monetary Fund (IMF), University of California, Berkeley and International Monetary Fund
Downloads 17 (1,537,408)
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4.

Flattening the Curve and the Flight of the Rich: Pandemic-Induced Shifts in US and European Housing Markets

IMF Working Paper No. 2023/266
Number of pages: 47 Posted: 20 Mar 2024
Nina Biljanovska and Giovanni Dell'Ariccia
International Monetary Fund (IMF) and International Monetary Fund (IMF) - Research Department
Downloads 65 (933,592)

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Property prices, House price gradient, City structure, High-income population mobility, population mobility, price gradient, housing unit, income gap, Housing prices, Income, Real estate prices, Inflation, Europe

5.

Flattening the Curve and the Flight of the Rich: Pandemic-Induced Shifts in Us and European Housing Markets

Number of pages: 43 Posted: 13 Feb 2025
Nina Biljanovska and Giovanni Dell'Ariccia
International Monetary Fund (IMF) and International Monetary Fund (IMF) - Research Department
Downloads 22 (1,436,435)

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Property prices, house price gradient, city structure, high-income population mobility

6.

A Model of Leveraged Bubbles

NBER Working Paper No. w35050
Number of pages: 41 Posted: 14 Apr 2026
International Monetary Fund (IMF), Universitat Pompeu Fabra (UPF) - Centre de Recerca en Economia Internacional (CREI), International Monetary Fund (IMF) and Board of Governors of the Federal Reserve System
Downloads 3 (1,584,314)
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