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I he Problem I 1 Introduction: Schools and the Equal Opportunity Problem Pau i E PIterso n and udger v Woesmann 2 Education Expansion and Intergenerational Mobility in Britain 29 Steph en Machin 3 Education and Earnings over the Life Cycle: Longitudinal Age- Earnings Profiles from Sweden 51 Sofia Sandgren I Solutions iA Change the Peer Group? 71 4 Peer Effects in North Carolina Public Schools 73 acohb Vgdor and Thomas Nechlba 5 The Heterogeneous Effect of Selection in UK Secondary Schools 103 Fernando Gabndo-Rueda and Anna Vignoles 6 The Optimal Timing of School Tracking: A General Model with Calibration for Germany 129 Giorgio Brunello. Massimo Giannnin and Kenn Ariga III Solutions B: Refocus Resources? 157 7 Some U.S. Evidence on How the Distribution of Educational Outcomes Can Be Changed 159 Eric A. Hanushek 8 The Effectiveness of Human-Capital Policies for Disadvantaged Groups in the Netherlands 191 Edwin Leuven and Hessel Oosterbeek 9 Equalizing Opportunity for Racial and Socioeconomic Groups i the United States through Educational-Finance Reorm 209 Julian R. Betts and John E. Roemer IV Solutions or Aggravations? Standards and Choice 239 10 Educational Reform and Disadvantaged Students in the Unite States 241 John oH Bishop and Ferran Mane 11 The Impact of School Choice on Sorting by Ability and Socioeconomic Factors in English Secondary Education 273 Simon Burgess, Brendon McConnellt Carol Propper, and Deborah Wilson 12 The Impact of Perceived Public-School Quality on Private- School Choice in Italy 293 Daniele Checchi and Tullio Jappeuli