Gnevasheva V.A. Structural Inflation as a Failure to the Modern Labor Market. Bulletin of the Altai Academy of Economics and Law, 2020, no. 7-2, pp. 28-33; URL: https: ...

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Abstract

Modern prerequisites for socio-economic development determine new forms of labor market failures, namely: the growth of transaction costs of hiring and employment, the formation and strengthening of a specific form of structural unemployment, the growth and transformation of hidden employment, the growth of deadweight losses. The problems of labor and employment are considered inextricably linked with the problems of demographic policy in terms of a quantitative increase in the population, poverty reduction, an increase in the quality of life (income growth, increased inclusion of labor resources in the processes of labor and employment, creation of conditions for the possibility of labor and employment), technological restructuring of society and the economy. In this regard, key aspects of the study are being formed, namely: a methodological justification of the consequences of market failure caused by the action of modern externalities and, in particular, the development of such a phenomenon as: structural inflation. The study aims to solve the following problems: methodological justification and typologization of new forms of unemployment, socio-economic assessment of structural market imbalance, development of recommendations for state regulation of the specific form of market failure caused by structural inflation.