English term
Veblen good
Additionally, whether or not foreign workers view Saudi Arabia’s labor market as a Veblen good has different repercussions for the policy’s future effectiveness. For instance, if we assume that the policy’s primary objective has been to curb foreign worker flows into the country, then the policy did not accomplish its goals (yet). (Georgetown Public Policy Review)
A Veblen good does not adhere to the traditional laws of price and demand. Below a certain price, the price/demand dynamics are consistent with conventional products – higher prices result in a lower demand. However, above a certain price, this relationship reverses, and demand rises along with price increases. (Forbes)
UK housebuilders are marching upwards after Berkeley hiked its shareholder bung. The builder of Veblen-good towerblocks in subprime neighbourhoods will return an extra £455m over the next two years, on top of a £280m per annum already announced. It’ll be in a tax-streamlined B and C share structure that supersedes the current £140m dividend cost, with £500m going back to investors in March 2020 at 400p per share and in March 2021 at 440p. (Financial Times Alphaville)
| 4 +3 | αγαθό Βέμπλεν |
Elias Marios Kounas
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Aug 1, 2020 00:44: changed "Kudoz queue" from "In queue" to "Public"
Aug 7, 2020 00:55: changed "Stage" from "Preparation" to "Submission"
Aug 10, 2020 01:55: changed "Stage" from "Submission" to "Selection"
Aug 17, 2020 01:54:
Aug 17, 2020 11:54: changed "Stage" from "Selection" to "Completion"
Proposed translations
Greece
Skill to do comes of doing
Native in: Greek (Variant: Modern) 
Works in: English to Greek, Greek to English, Greek, and 1 more.
αγαθό Βέμπλεν
Σχέση αλληλοεπικάλυψης τόσο με τα αγαθά σνομπισμού όσο και με αυτά του συρμού έχουν τα λεγάμενα «αγαθά Veblen», που οφείλουν το όνομά τους στον μεγάλο αμερικανό θεωρητικό της επιδεικτικής κατανάλωσης Thorstein Veblen. (Lectures Bureau)
Τα είδη πολυτελείας, είναι συχνά συνώνυμα με τα ανώτερα αγαθά και τα αγαθά Veblen (Veblen goods). (Σελίδα)
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