“…Nevertheless, the emphasis placed on human capital as the great equaliser has seriously been contested by subsequent studies (Acemoglu & Pischke, ; Bernardi, ; Blanden et al, ; Breen & Goldthorpe, ; Card, ; Corak, ; Ellwood & Kane, ; Erikson & Goldthorpe, ; Heineck & Riphahn, ; Machin, ; Mayer & Lopoo, ; Musick & Mare, ; Warren, Hauser & Sheridan, ). Moreover, empirical studies have shown that educational reforms do not explain much of the variability of intergenerational social mobility found in developed countries (Erikson & Jonsson, ; Shavit & Blossfeld, ).…”