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dc.contributor.authorBrown, Sarahen_US
dc.contributor.authorTaylor, Karlen_US
dc.date.accessioned2010-05-03en_US
dc.date.accessioned2010-07-23T09:31:43Z-
dc.date.available2010-07-23T09:31:43Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/36771-
dc.description.abstractThis paper uses data from the British National Child Development Study to investigate the relationship between social interaction and participation in the stock market through holding stocks and/or shares at the individual level. In accordance with the existing literature, the results reveal that a positive relationship exists between social interaction and stock market participation, when both are measured concurrently. Furthermore, this relationship prevails across a range of measures of social interaction and social capital. In addition, we make a potentially important contribution to the existing literature by exploiting the panel nature of the data in order to explore the robustness of the cross-sectional findings. We find that the positive relationship between stock market participation and social interaction prevails within a fixed effects logit framework, which controls for time invariant unobserved effects.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesDiscussion paper series // Forschungsinstitut zur Zukunft der Arbeit 4886en_US
dc.subject.jelD12en_US
dc.subject.jelD14en_US
dc.subject.jelD71en_US
dc.subject.ddc330en_US
dc.subject.keywordSocial capitalen_US
dc.subject.keywordsocial interactionen_US
dc.subject.keywordstock market participationen_US
dc.subject.stwSoziale Beziehungenen_US
dc.subject.stwAnlageverhaltenen_US
dc.subject.stwAktionäreen_US
dc.subject.stwSocial Capitalen_US
dc.subject.stwGroßbritannienen_US
dc.titleSocial interaction and stock market participation: Evidence from British panel dataen_US
dc.typeWorking Paperen_US
dc.identifier.ppn625149181en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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