University at Albany, State University of New York
Contact UAlbany Directories Calendars & Schedules Visitors Site Index Search
Admissions Academics Research IT Services Libraries Athletics



News Release


Economics Expert Can Comment on Rising Oil Prices

Contact: Karl Luntta (518) 437-4980

ALBANY, N.Y. (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.

Established in 1844 and designated a center of the State University of New York in 1962, the University at Albany's broad mission of excellence in undergraduate and graduate education, research and public service engages 17,000 diverse students in eight degree-granting schools and colleges. The University is engaged in a $500 million fundraising campaign, the most ambitious in its history, with the goal of placing it among the nation's top 30 public research universities by the end of the decade. For more information about this nationally ranked University, visit

News Releases  News & Information  |  Top

University at Albany Home Page

Contact UAlbany | Directories | Calendars | Visitors | Site Index | Search
Admissions | Academics | Research | IT Services | Libraries | Athletics