Dr. Tomi Ovaska
Professor
Lariccia School of Accounting & Finance
Williamson Hall 3343
phone: (330) 941-3434
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Education
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2003
Ph D, Public finance, political economy, international economics, comparative economic systems
West Virginia University
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2001
MA, Microeconomics, macroeconomics
West Virginia University
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1997
MA, Allgemeine Staatslehre
University of Jyväskylä
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1989
Other, Battle center officer
The Finnish Naval Academy
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Awards and Honors
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2024
Youngstown State University
Paul J. Thomas Endowed Chair in Economics
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2022
Youngstown State University
Distinguished Professorship Award (DPA): Scholarship
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2021
Economic Affairs Journal
Top Downloaded Paper Award
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2020
University of Jyväskylä, Finland
Docent in Political Economy
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2020
Youngstown State University
Distinguished Professorship Award (DPA): Service
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2020
Youngstown State University
Distinguished Professor of Economics
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2019
Youngstown State University
YSU-OEA Outstanding Service Award
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2019
Youngstown State University
Distinguished Professorship Award (DPA): Teaching
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2019
Economic Affairs Journal
Top Downloaded Paper Award
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2018
Economies Journal
Guest Editor
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2018
World Development Journal
Elsevier Outstanding Reviewer Award
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2015
The Journal of Enterprising Communities: People and Places in the Global Economy
The JEC Highly Commended Paper Award
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2015
University of Jyvaskyla, Finland
JSBE Visiting Scholar
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2014
Youngstown State University
Distinguished Professorship Award (DPA): Scholarship
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2006
University of Regina
Associate of the Johnson-Shoyama Graduate School of Public Policy
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2005
The Journal of Private Enterprise
The John Templeton Prize
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2002
West Virginia University
The Vickers Prize
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Professional Positions
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2020 -
Youngstown State University
Distinguished Professor (Economics)
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2017 - 2020
Youngstown State University
Professor (Economics)
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2011 - 2017
Youngstown State University
Associate Professor (Economics)
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2007 - 2011
Youngstown State University
Assistant Professor (Economics)
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2003 - 2007
University of Regina
Assistant Professor (Economics)
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1999 - 2003
West Virginia University
Graduate Assistant, Instructor (Economics)
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1998 - 1999
Ministry for Foreign Affairs of Finland
Diplomatic Attaché (Multilateral Institutions)
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1991 - 1998
Anora Estonia AS
Member of the Board, President
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1988 - 1989
The Finnish Navy
Lieutenant
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Intellectual Contributions
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2023
"Assessing the Impact of Goods and Services Inflation on Consumer and Professional Forecaster Expectations: A Bayesian Shrinkage Approach"
J. Palardy, T. Ovaska
Applied Economics, Taylor & Francis
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2023
"The drug overdose death epidemic: evidence from U.S. Counties"
T. Ovaska, A. Sumell, Y. Uppal
Applied Economic Letters
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2023
"Sir Thomas More’s Utopia: An Overlooked Economic Classic"
E. Mangeloja, T. Ovaska
Economic Affairs Institute, volume Faith in Markets? Abrahamic Religions and Economics, p. 100-132 -
2022
"INTERNATIONAL MARKET ENTRY STRATEGIES SELECTING FOREIGN DISTRIBUTORS"
P. Reday, E. Ulusoy, D. Iyer, T. Ovaska, A. Kos
Journal of Academy of Business and Economics -
2022
"International Market Entry Strategies - Selecting Foreign Distributors"
P. Reday, E. Ulusoy, D. Iyer, T. Ovaska, A. Kos
Journal of Academy of Business and Economics, volume 22, issue 4, p. 16 - 30
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2022
"Entrepreneurial choices depend on trust: Some global evidence"
E. Mangeloja, T. Ovaska, R. Takashima
Journal of International Entrepreneurship / Taylor & Francis, volume 20, issue 4, p. 564-590
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2022
"General scholarship"
T. Ovaska
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2021
"The Robustness of Trust, Institutions and Entrepreneurship Regressions, Revisited"
T. Ovaska, R. Takashima
Applied Economics Letters, volume 28, issue 18, p. 1578-1581
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2021
"Exploring the Relationship Between Trust and Business Start-Ups in 52 Countries Over 16 Years"
E. Mangeloja, T. Ovaska, R. Takashima
International Journal of Business and Economics, volume 20, issue 1, p. 17-36
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2020
"The Extent and Cost of Common Stigmas Among University Students"
Y. Tang, S. Stringer, T. Ovaska
Economics Bulletin, volume 40, issue 3, p. 1924-1936
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2020
"Caveat Emptor: Foreign Aid and Entrepreneurship"
T. Ovaska, R. Takashima
Economies, volume 8, issue 4, p. 1-13
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2019
"Sir Thomas More’s Utopia: An Overlooked Economic Classic"
E. Mangeloja, T. Ovaska
Economic Affairs, volume 39, issue 1, p. 65-80
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2019
"Export Jobs, Special Interest Groups and Presidential Election in 2016: The Case of West Virginia"
T. Ovaska, R. Takashima
Journal of Private Enterprise, volume 34, issue 4, p. 75-97
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2017
"Increase Interest in Compound Interest: Economic Growth and Personal Finance"
T. Ovaska, A. Sumell
Journal of Economics and Finance Education, volume 16, issue 2
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2017
"Increase Interest in Compound Interest: Economic Growth and Personal Finance"
T. Ovaska, A. Sumell
Journal of Economics and Finance Education, volume 16, issue 2, p. 85-97
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2015
"Decomposing household, professional and market forecasts on inflation: a dynamic factor model analysis"
J. Palardy, T. Ovaska
Applied Economics, volume 47, issue 20, p. 2092-2101
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2014
"The Development Experiences of Two Small African and Northern European Communities under Globalization - A Regulation Theory Analysis"
T. Ovaska, L. Van Der Walt, R. Anderson
Journal of Enterprising Communities: People and Places in the Global Economy, volume 8, issue 4, p. 234-260
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2014
"Institutions, Entrepreneurship, and Economic Growth"
T. Ovaska
Edward Elgar Publishing, volume Entrepreneurial Action, Public Policy, and Economic Outcomes: New Thinking in Political Economy, p. 9-33 -
2014
"Business Cycle Volatility: Does the European-Style Safety Net Help"
J. Palardy, T. Ovaska
Journal of Private Enterprise, volume 29, issue 2
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2013
"Who Has the Advantage? An Economic Exploration of Winning in Men’s Professional Tennis"
T. Ovaska, A. Sumell
The American Economist, volume 59, issue 1
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2011
"Business Environment and New Firm Creation"
A. Dyck, T. Ovaska
Journal of Small Business and Entrepreneurship, volume 24, issue 3, p. 301-317
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2011
"The Effect of Tax Structure on Government Size: Evidence from the OECD"
T. Ovaska, A. Sumell
Pennsylvania Economic Review, volume 18, issue 1
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2010
"Why Has Viimsi Become the Wealthiest Community in Post-Socialist Estonia? Explaining One Small Community's Success in a Changing World"
T. Ovaska, R. Anderson
International Journal of Development Issues, volume 9, issue 2, p. 146-166
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2010
"Does a Rising Tide Lift All the Boats? Explaining the National Inequality of Happiness"
T. Ovaska, R. Takashima
Journal of Economic Issues, volume 44, issue 1, p. 205-224
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2010
"Mode of Delivery and the Effectiveness of Foreign Aid: The Example of Missionary Work"
T. Ovaska, E. Mangeloja
Review of Applied Economics, volume 6, issue 1-2, p. 99-112
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2006
"Economic Policy and the Level of Self-Perceived Well-Being: An International Comparison"
T. Ovaska, R. Takashima
Journal of Socio-economics, volume 35, issue 2, p. 308-325
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2006
"The Fatal Complexity of Development Aid - Parallels Between the System of Foreign Aid and Central Planning"
T. Ovaska
The Free Market Foundation of Southern Africa, volume No. 41 -
2005
"Entrepreneurship in Post-Socialist Economies"
T. Ovaska, R. Sobel
Journal of Private Enterprise, volume 21, issue 1, p. 8-28
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2005
"More Aid, Less Growth"
T. Ovaska
The Globalization Institute, volume Fall -
2003
"The Failure of Foreign Aid"
T. Ovaska
Cato Journal, volume 23, issue 2, p. 175-188
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Professional Service
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2022 - 2024
Other
YSU
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Professor
Department of Economics
College of Liberal Arts and Social Sciences
Education:
- Ph.D. (Econ.), West Virginia University, 2003
- M.A. (Econ.), West Virginia University, 2001
- M.A. (Pol. sci.), University of Jyväskylä, Finland, 1997
Research Interests:
Behavioral Economics; Comparative Economic Systems; Development Economics; Public Finance; Self-perceived Level of Well-being; Entrepreneurship