Algebraic Cycles of a Fixed Degree

In this paper, the homotopy groups of Chow variety $C_{p,d}(P^n)$ of effective $p$-cycles of degree $d$ is proved to be stable in the sense that $p$ or $n$ increases. We also obtain a negative answer to a question by Lawson and Michelsohn on homotopy groups for the space of degree two cycles.