This paper uses data from the British National Child Development Study to \ud investigate the relationship between social interaction and participation in \ud the stock market through holding stocks and/or shares at the individual \ud level. In accordance with the existing literature, the results reveal that a \ud positive relationship exists between social interaction and stock market \ud participation, when both are measured concurrently. Furthermore, this \ud relationship prevails across a range of measures of social interaction and \ud social capital. In addition, we make a potentially important contribution to \ud the existing literature by exploiting the panel nature of the data in order \ud to explore the robustness of the cross-sectional findings. We find that the \ud positive relationship between stock market participation and social \ud interaction prevails within a fixed effects logit framework, which controls \ud for time invariant unobserved effects.\u
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