Until recently, issues surrounding ethnic-linked inequality, whether between Jews and Arabs or between Jewish ethnic groups, have dominated research on stratification in Israel to the exclusion of other dimensions. Rapidly growing inequality in Israeli society, and its intergenerational persistence, however, have generated several new trends in research. The chapters included in this volume represent the range and depth of recent developments in the study of social stratification, mobility, and inequality. Although they address a variety of issues, they have in common a focus on the institutional mechanisms that govern the allocation of rewards.