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The Changing Tolerance for Income Inequality in the Course of Economic Development
I. Gratification over advances of others: the tunnel effect introduced, 545. — II. Some evidence, 548. — III. Consequences for integration and revolution, 550. — IV. From gratification to indignation, 552. — V. The tunnel effect: social, historical, cultural, and institutional determinants of its strength, 553. — VI. An alternative reaction: apprehension over advances of others, 559. — VII. Concluding remarks, 560. — Mathematical appendix, 562.
Job Market Signaling
1. Introduction, 355. — 2. Hiring as investment under uncertainty, 356. — 3. Applicant signaling, 358. — 4. Informational feedback and the definition of equilibrium, 359. — 5. Properties of informational equilibria: an example, 361. — 6. The informational impact of indices, 368. — Conclusions, 374.