Vertical Equity

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August 31, 2024 5 min read Definitions

Equity: The Concept of Distributive Justice in Welfare Economics

Economics Finance Equity Distributive Justice Welfare Economics Horizontal Equity Vertical Equity

Equity refers to the belief that the distribution of economic welfare matters and that increasing the equality of distribution is a laudable objective in welfare economics. This comprehensive article discusses its historical context, types, key events, explanations, importance, examples, related terms, and more.

August 24, 2024 3 min read Definitions

Vertical Equity: Definition, Mechanism, and Examples

Economics Finance Vertical Equity Taxation Income Tax Economic Policy Fairness

An in-depth exploration of vertical equity in taxation, including its definition, how it functions, examples, and its importance in creating a fair tax system.