I do not know how to interpret this coefficients. Pls kindly help

[AmYn]

Assume the following regression model :Lw = −10Yh + 15Yw − 0.6Uh
Where Lw is the labour force participation rate of women (measured in percentage,L¯w = 35), Yh and Yw is the average income of husband and women (measured in thousand dollars, Y¯h = 10 and Y¯w = 6), and uh is the husband unemployment rate,u¯h = 6.

a) when Yh decreases by 10,000( instead of 1000$). I know that if Yh increases by 1000$, Lw will decrease by 10 percentage points

if Yh decreases by 10000$, Lw will .........(increase) by ............... percentage points

b) when Yw increases by 5,000( instead of 1000$). I know that if Yw increases by 1000$, Lw will increase by 15 percentage points
Yw increases by 5,000$, Lw will increase by ...... percentage points

 

[khansaheb]

Assume the following regression model :Lw = −10Yh + 15Yw − 0.6Uh
Where Lw is the labour force participation rate of women (measured in percentage,L¯w = 35), Yh and Yw is the average income of husband and women (measured in thousand dollars, Y¯h = 10 and Y¯w = 6), and uh is the husband unemployment rate,u¯h = 6.

a) when Yh decreases by 10,000( instead of 1000$). I know that if Yh increases by 1000$, Lw will decrease by 10 percentage points

if Yh decreases by 10000$, Lw will .........(increase) by ............... percentage points

b) when Yw increases by 5,000( instead of 1000$). I know that if Yw increases by 1000$, Lw will increase by 15 percentage points
Yw increases by 5,000$, Lw will increase by ...... percentage points

Please consult your text-book/class-notes (or Google) and provide the definitions of:

1. labour force participation rate
2. the average income of husband and women
3. husband unemployment rate

Please show us what you have tried and exactly where you are stuck.
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