Carola Frydman

Carola Frydman is the Harold L. Stuart Professor of Finance at the Kellogg School of Management, Northwestern University, and serves as Faculty Director of the John L. Ward Center for Family Enterprises. She is a Research Associate at the National Bureau of Economic Research (NBER), focusing on corporate finance and American business history.

• Ph.D. in Economics from Harvard University
• B.A. and M.A. in Economics from Universidad de San Andres, Argentina

Her research examines historical financial markets, executive compensation trends, corporate governance, and financial crises. Recent work analyzes political discretion in antitrust policy, financial frictions during the Great Depression, and technological innovation's impact on pay inequality.

Key publications include studies on investment banks as corporate monitors, military CEOs, and long-term executive compensation dynamics. Her findings appear in top journals like the American Economic Review and the Journal of Political Economy.

• Associated Student Government Faculty & Administrator Honor Roll (2019-2020)
• Harvey Kapnick Center for Business Institutions ‘VIP’ Teaching Award (Winter 2018)

She has held editorial roles at the Journal of Finance and previously served as Co-Editor of Explorations in Economic History. Her work is frequently highlighted in media outlets such as The Wall Street Journal, The New York Times, and NPR.