摘要：AbstractThis paper develops a labor market model of educational technology-induced human capital, and demonstrates that the labor market for the vocational school graduates in Turkey is trapped into equilibria characterized by low levels of human capital and employment. First, we employ a stochastic equilibrium method so as to model and analyze the equiibria in question in the absence the effects of educational technology. We prepare and use a carefully-crafted questionnaire to collect data for the key endogenous variables and relations and estimate the main parameters of the model. Second, we incorporate the effects of educational technology into the model and undertake system dynamics simulations so as to demonstrate the extent to which educational technology utilization could help avoid the equilibria in question, leading to higher levels of human capital and employment.
关键词：Educational technology;Human capital;Social capital;Vocational school graduates;Labor market
