Dr. Tomi Ovaska

Professor
Dr. Tomi Ovaska - profile photo

Dr. Tomi Ovaska

Professor

Lariccia School of Accounting & Finance

Williamson Hall 3343

phone: (330) 941-3084

tpovaska@ysu.edu

  • Education
    • 2003

      Ph D, Public finance, political economy, international economics, comparative economic systems

      West Virginia University

    • 2001

      MA, Microeconomics, macroeconomics

      West Virginia University

    • 1997

      MA, Allgemeine Staatslehre

      University of Jyväskylä

    • 1989

      Other, Battle center officer

      The Finnish Naval Academy

  • Awards and Honors
    • 2024

      Youngstown State University

      Paul J. Thomas Endowed Chair in Economics

    • 2022

      Youngstown State University

      Distinguished Professorship Award (DPA): Scholarship

    • 2021

      Economic Affairs Journal

      Top Downloaded Paper Award

    • 2020

      University of Jyväskylä, Finland

      Docent in Political Economy

    • 2020

      Youngstown State University

      Distinguished Professorship Award (DPA): Service

    • 2020

      Youngstown State University

      Distinguished Professor of Economics

    • 2019

      Youngstown State University

      YSU-OEA Outstanding Service Award

    • 2019

      Youngstown State University

      Distinguished Professorship Award (DPA): Teaching

    • 2019

      Economic Affairs Journal

      Top Downloaded Paper Award

    • 2018

      Economies Journal

      Guest Editor

    • 2018

      World Development Journal

      Elsevier Outstanding Reviewer Award

    • 2015

      The Journal of Enterprising Communities: People and Places in the Global Economy

      The JEC Highly Commended Paper Award

    • 2015

      University of Jyvaskyla, Finland

      JSBE Visiting Scholar

    • 2014

      Youngstown State University

      Distinguished Professorship Award (DPA): Scholarship

    • 2006

      University of Regina

      Associate of the Johnson-Shoyama Graduate School of Public Policy

    • 2005

      The Journal of Private Enterprise

      The John Templeton Prize

    • 2002

      West Virginia University

      The Vickers Prize

  • Professional Positions
    • 2020 -

      Youngstown State University

      Distinguished Professor (Economics)

    • 2017 - 2020

      Youngstown State University

      Professor (Economics)

    • 2011 - 2017

      Youngstown State University

      Associate Professor (Economics)

    • 2007 - 2011

      Youngstown State University

      Assistant Professor (Economics)

    • 2003 - 2007

      University of Regina

      Assistant Professor (Economics)

    • 1999 - 2003

      West Virginia University

      Graduate Assistant, Instructor (Economics)

    • 1998 - 1999

      Ministry for Foreign Affairs of Finland

      Diplomatic Attaché (Multilateral Institutions)

    • 1991 - 1998

      Anora Estonia AS

      Member of the Board, President

    • 1988 - 1989

      The Finnish Navy

      Lieutenant

  • Intellectual Contributions
    • 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

    • 2023

      "The drug overdose death epidemic: evidence from U.S. Counties"

      T. Ovaska, A. Sumell, Y. Uppal

      Applied Economic Letters

    • 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

    • 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

    • 2022

      "General scholarship"

      T. Ovaska

    • 2021

      "The Robustness of Trust, Institutions and Entrepreneurship Regressions, Revisited"

      T. Ovaska, R. Takashima

      Applied Economics Letters, volume 28, issue 18, p. 1578-1581

    • 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

    • 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

    • 2020

      "Caveat Emptor: Foreign Aid and Entrepreneurship"

      T. Ovaska, R. Takashima

      Economies, volume 8, issue 4, p. 1-13

    • 2019

      "Sir Thomas More’s Utopia: An Overlooked Economic Classic"

      E. Mangeloja, T. Ovaska

      Economic Affairs, volume 39, issue 1, p. 65-80

    • 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

    • 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

    • 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

    • 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

    • 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

    • 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

    • 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

    • 2011

      "Business Environment and New Firm Creation"

      A. Dyck, T. Ovaska

      Journal of Small Business and Entrepreneurship, volume 24, issue 3, p. 301-317

    • 2011

      "The Effect of Tax Structure on Government Size: Evidence from the OECD"

      T. Ovaska, A. Sumell

      Pennsylvania Economic Review, volume 18, issue 1

    • 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

    • 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

    • 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

    • 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

    • 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

    • 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

  • Professional Service
    • 2022 - 2024

      Other
      YSU

Tomi Ovaska

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