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Carola Frydman

Business and Economic Institutions in Historical Perspective

Carola Frydman is an Associate Professor of Finance at the Kellogg School of Management. Professor Frydman's research focuses on American business history. Recent research projects examine the evolution of financial markets prior to the Great Depression, with special emphasis on the role of financial intermediaries for firm growth, and on financial crises. She has also studied the long-run trends in executive compensation, the market for managers, and corporate governance. Her work has been published at journals such as the Journal of Political Economy, the Journal of Financial Economics, and the Journal of Economic History, and featured inThe Wall Street Journal, the New York Times, and The Economist. She is on the Editorial Board ofExplorations in Economic History and of the Review Studies in Corporate Finance. Prior to joining Kellogg, Professor Frydman was an Assistant Professor of Finance at the MIT Sloan School of Management (2006-2011) and an Assistant Professor of Economics at Boston University (2011-2016). She holds a Ph.D. in Economics from Harvard University, and B.A. and M.A. degrees in Economics from Universidad de San Andres, Argentina, and is a Faculty Research Fellow at the National Bureau of Economic Research.
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