Quillen equivalence for chain homotopy categories induced by balanced pairs

For a balanced pair $(\mathcal{X},\mathcal{Y})$ in an abelian category, we investigate when the chain homotopy categories ${\bf K}(\mathcal{X})$ and ${\bf K}(\mathcal{Y})$ are triangulated equivalent. To this end, we realize these chain homotopy categories as homotopy categories of certain model categories and give conditions that ensure the existence of a Quillen equivalence between the model categories in question. We further give applications to cotorsion triples, Gorenstein projective and Gorenstein injective modules, as well as pure projective and pure injective objects.