Ms. Sarah Jenyk
Dr. Tomi Ovaska
Dr. Joseph Palardy
Dr. Dennis Petruska
Dr. Tod Porter (Chair)
Dr. Teresa Riley
Dr. Albert Sumell
Dr. Yogesh Uppal
Dr. Ebenge Usip
Dr. Yaqin Wang
Helsel, Jolien A.
Kent State University - Ph.D., Management Systems
Youngstown State University - M.A., Economics
Youngstown State University - A.B., Economics
330.941.2048
jahelsel AT cc.ysu DOT edu
http://people.ysu.edu/~jahelsel
Fields of Study:
Regional Economics
Geographic Information Science
Geostatistics Operations Management
Current Research:
Manufacturing and economic growth; Kriging
Conference Presentations and Publications:
Helsel, Jolien A. “Key Sector Analysis of Industrial Clusters: A Northeast Ohio Application.” Presented at the Annual Conference of the Pennsylvania Economics Association, West Chester, PA, 3-5 June 2009.
Usip, Ebenge E. and Helsel, Jolien A. “Assessing Regional Economic Growth Using Fixed-Effect Methodology.” Presented at the International Conference for Social Science Research, Centre for Policy and Practice, Vancouver (Canada), 10-12 December 2006.
Helsel, Jolien A. “A Spatial-Econometric Study of Manufacturing as a Driver of Regional Economic Growth .” Presented at the Annual Conference of the Pennsylvania Economics Association, Indiana, PA, 1-3 June 2006.
Helsel, Jolien A., Hyun Joong Kim, and Jay Lee. “An Evolutional Model of US Manufacturing and Service Industries.” In J. Gatrell and N. Reid, (eds.) Enterprising Worlds: A Geographic Perspective on Economics, Environments, and Ethics: 83-98. Dordrecht: Springer Verlag, 2006.
Kim, Hyun Joong, Jay Lee, and Helsel, Jolien A. “An Evolutional Model of U.S. Manufacturing and Services Industries.” Presented at the East Lakes Division AAG (ELDAAG) annual meeting, Economic Geography session, Bowling Green, OH, 21-22 October 2005.
Helsel, Jolien A. “Job Displacement and Post-Displacement Earnings: Is There a Wage Bias?” Business Research Yearbook: Global Business Perspectives, Volume XII, 2005.
Helsel, Jolien A. “An Application of Spatial Statistical Techniques to International Business.” Business Research Yearbook: Global Business Perspectives, Volume XII, 2005.
Hu, Ou
West Virginia University - Ph.D.
West Virginia University - M.A.
Beijing Technology and Business University - B.A.
330.941.2061
ohu AT ysu DOT edu
www.as.ysu.edu/~ohu
Fields of Study:
International Economics Financial Economics
Current Research: Asset Pricing, International risk sharing, Predictability of equity market (Market efficiency)
Publications:
Balvers, R., Hu, O., and Huang, D., 2012, Transitory Market States and the Joint Occurrence of Momentum and Mean Reversion, Journal of Financial Research, forthcoming.
Du, D., and Hu, O., 2012, Exchange Rate Risk in the US Stock Market, Journal of International Financial Markets, Institutions and Money. 22 (1): 137-150.
Hu, O. , Z. Huang, and B. Liao, 2010, Day-of-the-week effect in the Taiwan Stock Market, the Review of Pacific Basin Financial Markets and Policies. 13: 71-90.
Hu, O., Z. Huang, and B. Liao, 2009, Short sale, margin trade, and expected stock returns: evidence from the Taiwan stock exchange, the Quarterly Review of Economics and Finance 49, 1146-1158.
Chow, K.V. and O. Hu 2007, Marginal conditional stochastic dominance test for efficiency of capitalization-weighted market portfolio, International Economics & Finance Journal v2, 127-143.
Hu, O., Z. Huang, and B. Liao 2007, Short-sale constraint and return asymmetries in Taiwan stock market, International Research Journal of Finance and Economics
Chow., K.V., Bih-Shuang Huang, and O. Hu 2007, Marginal conditional stochastic dominance between value and growth, Frontiers in Finance and Economics v4,1-34.
15, 58-62.
Hu, O., 2007, Applicability of the Fama-French three-factor model and the CAPM in estimating portfolio returns, Journal of Financial Research 30, 111-127.
Hu, O., 2006, Common and country specific components in national stock prices, Journal of Multinational Financial Management 16, 509-519.
Youngstown State University - M.A. (Econ.)
Youngstown State University - B.A. (Econ & Soc.)
University of Liecester - Study Abroad Program, Fall 2004
Fields of Study:
Publications:
Wakefield, S., Carlson, J., Haubrich, J., and Cherny, K. 2009. Credit Easing: A Policy for a Time of Financial Crisis. Economic Trends, February 2009. Retrieved from: http://www.clevelandfed.org/research/trends/2009/0209/02monpol.cfm.
Wakefield, S., Carlson, J. 2009. A Focus on Quantitative Easing. Economic Trends, January 2009. Retrieved from: http://www.clevelandfed.org/research/trends/2009/0109/02monpol.cfm.
Wakefield, S., Carlstrom, C. 2008. Down Another Seventy-Five. Economic Trends, April 2008. Retrieved from: http://www.clevelandfed.org/research/trends/2008/0408/02monpol.cfm.
Wakefield, S., Carlson, J. 2008. Another Move, but with Less Surprise. Economic Trends, February 2008. Retrieved from: http://www.clevelandfed.org/research/trends/2008/0208/02monpol.cfm.
Wakefield, S., Carlson, J. 2007. Inflation Expectations. Economic Trends, December 2007. Retrieved from: http://www.clevelandfed.org/research/trends/2007/1207/02monpol.cfm.
Wakefield, S., Champ, B. 2007. Household Financial Conditions. Economic Trends, October 2007. Retrieved from: http://www.clevelandfed.org/research/trends/2007/1007/02monpol.cfm.
Fields of Study:
International Trade
Public Economics
Comparative Economic Systems
Publications:
Ovasak, Tomi, and Albert Sumell. 2011. "The Effect of Tax Structure on Government Size: Evidence from the OECD." Pennsylvania Economic Review. Vol. 18(1): 24-36.
Dyck, Andrew J., and Tomi Ovaska. 2011. “Business Environment and New Firm Creation: An International Comparison.” Journal of Small Business and Entrepreneurship. Vol. 24(3): 301-307.
Ovaska, Tomi, and Esa Mangeloja. 2010. "Mode of Delivery and the Effectiveness of Foreign Aid: The Example of Missionary Work." Review of Applied Economics. Vol. 6(1-2): 99-112.
Ovaska, Tomi, and Robert B. Anderson. 2010. “Why Has Viimsi Become the Wealthiest Community in Post-Socialist Estonia? Explaining One Small Community's Success in a changing World.” International Journal of Development Issues. Vol. 9(2): 146-166.
Ovaska, Tomi, and Ryo Takashima. 2010. “Does a Rising Tide Lift All the Boats? Explaining the National Inequality of Happiness.” Journal of Economic Issues. 44 (1): 205-223.
Ovaska, Tomi. 2006. "The Fatal Complexity of Foreign Aid - The System of Development Aid Compared to Centrally Planned Economies." Monograph # 41. The Free Market Foundation of Southern Africa, Johannesburg, South Africa.
Ovaska, Tomi, and Ryo Takashima. 2006. "Economic Policy and the Level of Self-Perceived Well-Being: An International Comparison." Journal of Socio-Economics. 35 (Fall): 308-325.
Ovaska, Tomi, and Russell S. Sobel. 2005. "Entrepreneurship in Post-Socialist Economies." Journal of Private Enterprise. 21 (1): 8-28.
Ovaska, Tomi. 2003. "The Failure of Foreign Aid." Cato Journal. 23 (2): 175-188.
Current Research:
Studies on Happiness
The Distribution Modes of Foreign Aid
Economic Development in Transition Economies
Palardy, Joseph
West Virginia University - Ph.D.
West Virginia University - M.A.
Frostburg State University - B.A.
330.941.3430
jpalardy AT ysu DOT edu
Fields of Study:
Time Series Analysis
Open Economy Macroeconomics
Publications:
McPherson, M. and Palardy, J. (2007) “Are International Stock Returns Predictable? An Examination of Linear and Non-linear Predictability Using Generalized Spectral Tests.” Journal of International Financial Markets, Institutions and Money. 17(5): 452-462.
Palardy, J. and Nesbitt, T. (2007). “Traditional Public Schools versus Charter Schools: A Comparison of Technical Efficiency.” Economics Bulletin. 9(9): 1-10.
McPherson, M., Palardy, J. and Vilasuso, J. (2005) “Are International Stock Returns Predictable: An Application of Spectral Shape Tests Corrected for Heteroskedasticity.” Journal of Economics and Business 57, 2 103-118.
Current Research:
International Real Business Cycle Models and Outliers in Time Series Data
Petruska, Dennis
Ohio State University- Ph.D.
Ohio State University- M.A.
University of Pittsburgh- B.A.
330.941.1679
dapetruska AT ysu DOT edu
Fields of Study:
Monetary Economics
Applied Macroeconomics
Financial Markets
Current Research:
Applied Macroeconomics
Financial Markets
Publications:
"Primers from Professors ECONOMICS REDUX: Deflation Would Bring its Own Set of Problems", The Business Journal, MidAugust 2003.
"Does the Fed Use Contrarian Methods to Enhance Its Credibility?", The Journal of Economics, 15, Spring 1999, 3 - 46.
"The Empirical Relationship between Real Output, Potential Output, and Policy Variables", The Journal of Economics, 12, Spring 1996, 57-62.
"Do Announced Monetary Targets Enhance Federal Reserve Credibility?", The Journal of Economics, Spring 1995, 11, 1-9.
"A Comparison of the Time-Series Properties of Two of the Federal Reserve System's Approximations of Potential Output", The Ohio Journal of Economics and Politics, Fall 1995, 9, 1-8.
Submissions:
“Reexamining the Rationality of Survey Measures of Inflation Expectations”, submitted to The Journal of Economics, during the Summer 2009 and is currently under revision, with Joseph Palardy.
Porter, Tod (Chair)
Syracuse University- Ph.D.
Syracuse University- M.A.
Syracuse University- B.A.
Monroe Community College- A.S.
330.941.3431
tsporter AT ysu DOT edu
http://www.as.ysu.edu/~tsporter/
Fields of Study:
Labor Economics
Public Finance
Computer-Aided Instruction
Recent Publications:
Porter, Tod S. 2010. “Trends in the Fiscal Capacity of Ohio’s Public Schools.” Journal of Education Finance. 35 (3): 217-244.
Porter, Tod S. 2009. “Media for Microeconomics,” The Journal of Economic Education. 40(4): 447.
Porter, Tod; Kriss Schueller; Teresa Riley; Rochelle Ruffer; and Ebenge Usip. 2006. “MarketSim at YSU: A Simulated Economy for Microeconomics,” The Journal of Economic Education (Online Section). 37 (4): 483.
Porter, Tod S. and Kriss Schueller. 2005. MarketSim (software). Cincinnati: Thompson Learning, South-Western College.
Porter, Tod S., Teresa M. Riley, Rochelle L. Ruffer. 2004. A Review of the Use of Simulations in Teaching Economics. Social Science Computer Review. 22(4), 426-443.
Wagner, G. and Porter, T. 2000. "Location Effects of School Districts in the Determination of Beginning Teacher Salaries: Evidence from Ohio." Education Economics. 8(2): 109-127.
Grants:
Porter, T. (Principal Investigator), Schueller, K., Riley, T. Ruffer, R. and Usip, E. "Teaching Microeconomic Principles through a Simulated Economy on the Internet". National Science Foundation Educational Materials Grant #0127362. Funded June 2002 for $75,000.
Riley, Teresa
Director of the Youngstown Satellite Center for Economic Education.
Syracuse University - Ph.D.
Syracuse University - M.A.
Wittenburg University - B.A.
330.941.1675
triley AT ysu DOT edu
Fields of Study:
Labor Economics
Health Care Financing
Economic Education K-12
Current Research:
1. Participating in a NSF grant to teach Principles of Microeconomics using a computer simulated economy.
2. Working with local school districts to find strategies to better integrate the economic content standards into K-12 curriculum.
Recent Publications:
Porter, Tod; Kriss Schueller; Teresa Riley; Rochelle Ruffer; and Ebenge Usip. 2006. “MarketSim at YSU: A Simulated Economy for Microeconomics,” The Journal of Economic Education (Online Section). 37 (4): 483.
Riley, Teresa M. 2005. MarketSim, Instructor"s Manual. Cincinnati: Thompson Learning, South-Western College. pp. 138.
Porter, Tod S., Teresa M. Riley, Rochelle L. Ruffer. 2004. A Review of the Use of Simulations in Teaching Economics. Social Science Computer Review. 22(4), 426-443.
Sumell, Albert
Georgia State University - Ph.D.
Georgia State University - M.A.
Salisbury State University - B.A.
(330)941-1678
ajsumell AT ysu DOT edu
http://www.as.ysu.edu/~ajsumell/
Fields of Study:
Urban & Regional Economics
Environmental & Resource Economics
Housing Economics
Publications:
"Employment Growth and Spatial Concentration in Indonesia" (with Javier Arze). Australian Journal of Regional Science. 16 (3): 2010. 165-186.
"A Model of International Student Selection of a U.S. Ph.D. Institution." (with Esra Tanyildiz). Journal of Educational Planning and Administration. 25 (4): October 2011, 315-335.
"Effect of Tax Structure on Government Size: New International Evidence" (with Tomi Ovaska) Pennsylvania Economic Review. 18 (1): 2011. 24-36.
“Capturing Knowledge: The Location Decisions of New PhDs Working in Industry.” (with Paula Stephan and James Adams), Science and Engineering Careers in the United States, Richard B. Freeman and Daniel F. Goroff (eds), Chicago, IL: University of Chicago Press for NBER, 2009.
“The Determinants of Foreclosed Property Values: Evidence from Inner City Cleveland.” Journal of Housing Research. 2009. 18(1): 45-61.
"Who"s Patenting in the University? Evidence from the Survey of Doctorate Recipients." (with Stephan, Paula Stephan, Shiferaw Gur, and Grant Black) Economics of Innovation and New Technology. 2007. 16(1-2):71-99.
"Firm Placements of New Ph.D.s: Implications for Knowledge Transfer," (with Paula Stephan, Grant Black, and James Adams). In The Role of Labour Mobility and Informal Networks for Knowledge Transfer, edited by Dirk Fornahl, C. Zellner and D.B. Audretsch. Spring Verlag. New York. pp. 125-146. September 2004.
"Doctoral Education and Economic Development: The Flow of New Ph.D.s to Industry" (with Paula Stephan, Grant Black, and James Adams), Economic Development Quarterly, v. 18. n. 2. pp. 151-167 May 2004.
Uppal, Yogesh
University of California, Irvine - Ph.D.
Delhi School of Economics, University of Delhi - M.A.
University of Delhi - B.A.
330.941.3494
yuppal AT ysu DOT edu
www.as.ysu.edu/~yuppal
Fields of Study:
Applied Econometrics
Applied Microeconomics
Political Economy
Public Economics
Publications:
Uppal, Y. (2011). "Does Legislative Turnover adversely affect State Expenditure Policy? Evidence from Indian State Elections." Public Choice, Springer. 147(1), 189-207.
Uppal, Y. (2010). "Estimation of the Incumbency Effects in the US State Legislatures: A Quasi-Experimental Approach." Economics and Politics, 22(2), 180-99.
Uppal, Y. (2009). "The Disadvantaged Incumbents: Estimating Incumbency Effects in Indian State Legislatures." Public Choice, 138(1), 9-27: Won the 2009 Gordon Tullock Prize for the Best Article in Public Choice by a Younger Scholar.
Usip, Ebenge
University of Connecticut - Ph.D.
S.U.N.Y. at Albany - M.A.
S.U.N.Y. at Albany - B.S.
330.941.1682
eeusip AT ysu DOT edu
http://people.ysu.edu/~eeusip/
Fields of Study:
Econometrics
Time Series Analysis & Forecasting
Mathematical Economics
Publications:
Ebenge Usip. 2011. Learning Economics and Business Statistics with Excel, 2nd edition Cengage Learning, ISBN-10: 1-133-44209-9, South-Western Publications, USA.
Ebenge Usip. 2008. Learning Economics and Business Statistics with Excel 2007, 1st edition. Cengage Learning, South-Western College ISBN #:13:978-1-4266-4744-4
Porter, Tod S., Kriss Schueller, Teresa Riley, Rochelle Ruffer, and Ebenge Usip. 2006. “MarketSim: A Simulated economy for microeconomics,” The Journal of Economic Education. 37 (4): 483.
Ruffer, Rochelle L. and Ebenge Usip. 2005. MarketSim, Student Manual. Cincinnati: Thompson Learning, South-Western College. ISBN #: 0-234-22207-6
Ebenge Usip. 2004.Learning Economics and Business Statistics with SPSS/win, 5th edition. Thomson Learning, South-Western College. ISBN #: 0-759-34311-X
Presentations at Professional Conferences:
Usip, Ebenge E. and Helsel, Jolien A. “Assessing Regional Economic Growth Using Fixed-Effect Methodology.” Presented at the International Conference for Social Science Research, Centre for Policy and Practice, Vancouver (Canada), 10-12 December 2006.
Usip, Ebenge E. "A Panel Econometric Analysis of Growth Pattern: The Case of Youngstown-Warren SMA of Ohio (1963-1993)." Presented at the 32nd Annual Conference of the Eastern Economic Association. Loew's Philiadelphia Hotel, Philadelphia, ebruary 24-26, 2006.
Porter, Tod S., Schueler, Kriss, Riley, Teresa, Ruffer, Rochelle, and Usip, Ebenge E. MarketSim: A Simulated Economy for Microeconomics." Presented at the Midwest Conference on Student Learning in Economics: Innovation, Assessment and Classroom Research. The University of Akron, October 28, 2005.
Grants:
Porter, T. (Principal Investigator), Schueller, K., Riley, T. Ruffer, R. and Usip, E. "Teaching Microeconomic Principles through a Simulated Economy on the Internet". National Science Foundation Educational Materials Grant #0127362. Funded June 2002 for $75,000.
Current Research:
Web-Based Instruction
Wang, Yaqin
University of Kansas - Ph.D.
Beijing Technology and Business University - B.A.
330.941.3433
ywang AT ysu DOT edu
http://people.ysu.edu/~ywang/
Fields of Study:
Education Economics
Future Markets
Behavioral Economics
Current Research:
The Impacts of Language Schools
Publications:
An Economnic Analysis of Instructional Language, with Donald Lien, Education Economics, forthcoming.
Effects of Skewness and Krutosis on Production and Futures Hedging Decisions: A Skewed T Distribution Approach, with Donald Lien, The European Journal of Finance, forthcoming.
The Effects of a Branch Campus, with Donald Lien, 2012. Education Economics, 20(4): 386-401.
Optimal Design for Study-Abroad Scholarship: The Effect of Payback Policy, with Donald Lien, Education Economics, 18(2) 2010: 191-205.
Market Uncertainty and Futures Hedging, with Donald Lien, Finance Letters, 3(3) 2005: 48-53.
Futures Market Equilibrium under Knightian Uncertainty, with Donald Lien, Journal of Futures Markets, 23(2003): 701-718.
Disappointment Aversion Equilibrium in Futures Markets, with Donald Lien, Journal of Futures Markets, 23(2003): 135-150.
Risk Aversion, Disappointment Aversion and Futures Hedging, with Donald Lien, Journal of Futures Markets, 22(2002): 123-141.
Retired Faculty
Richard Bee rhbee AT cc.ysu DOT edu
Yih-Wu Liu ywliu AT yahoo DOT com
Jagdish Mehra jcmehra AT cc.ysu DOT edu
Donald Milley djmilley AT cc.ysu DOT edu
Clyde Morris cdmorris AT cc.ysu DOT edu
Anthony Stocks ahs193226 AT aol DOT com
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