Can Comment on Rising Oil Prices
Luntta (518) 437-4980
(August 28, 2003) -- Prices at the gas pump have recently
spiked at the fastest rate in 50 years, and, with no end in
sight, many are predicting a harsh economic winter for America.
Professor Betty C. Daniel can comment on
rising crude prices and the possible scenarios they will create
in the U.S. and abroad. Daniel formerly served on the Board
of Governors of the Federal Reserve System and was an assistant
professor at Tulane University. Her research has been in the
general area of open economy macroeconomics, the problems
of aggregate economic activity for a country substantially
engaged in trade and financial movements with other countries.
Topics of her research include the dynamics of exchange rates
and the effects of fiscal and monetary policy on financial
markets and overall economic activity.
Daniel's publications and citations lauding
her work rank her as one of the top macroeconomists in the
discipline. Her recent papers include The Fiscal Theory
of the Price Level in an Open Economy, published in the
Journal of Monetary Economics, one of the major journals in
the area of macroeconomics, and A Fiscal Theory of Currency
Crises, published in International Economic Review.
Daniel received her doctorate in Economics
from the University of North Carolina in 1976 and has been
a member of the University at Albany faculty since 1983. She
was honored with the University at Albany's Excellence in
Research Award in 2002.
Betty Daniel is available for print and television
interviews, guest commentary and expert analysis. For more
information or queries, please contact University at Albany
Media Relations, (518) 437-4980.