The Gini coefficient and the ratios we have used are common measures of inequality, but there are other ways to measure income inequality.

1. Go to theChartbook of Economic Inequality, which contains five measures of income inequality, including the Gini coefficient, for 25 countries around the world. https://www.core-econ.org/doing-economics/book/text/05-02.html

• Choose two measures of income inequality that you find interesting (excluding the Gini coefficient). For each measure, give an intuitive explanation of how it is measured and what we can learn about income inequality from it. You may find the page on'Inequality measures'helpful. (For example: What do larger or smaller values of this measure mean? Which parts of the income distribution does this measure use?)
• On the Chartbook of Economic Inequality main page, charts of these measures are available for all countries shown in green on the map. For two countries of your choice, look at the charts and explain what these measures tell us about inequality in those countries.