Skip to main content
Paolo Gelain


  • PhD Economics

    University of Pisa 2008

  • MS Economics

    University of York 2006

  • BA Economics

    University of Trento 2003

Contact information

Paolo Gelain

Research Economist

Paolo Gelain is a research economist in the Research Department at the Federal Reserve Bank of Cleveland. His fields of interest include applied macroeconomics, new Keynesian DSGE models with financial frictions, optimal monetary policy, Bayesian methods, and bounded rationality.

Prior to joining the Bank, Dr. Gelain was a senior adviser in the modeling group of Norges Bank. For a year during his seven-year tenure at Norges Bank, he took a leave to serve as the ESCB/IO economist in the Financial Research Department of the European Central Bank.

Dr. Gelain obtained his PhD in economics from the University of Pisa in Italy, his MS in economics from the University of York in the United Kingdom, and his BA in economics from the University of Trento in Italy.