Journal of Guizhou University of Finance and Economics ›› 2026 ›› Issue (03): 26-37.

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The Impact of minimum labor remuneration on Household Economic Resilience: The Moderating Role of Social Security

LUO Yawen1, LI Xiaoping2   

  1. 1. School of Marxism, Southwestern University of Finance and Economics, Chengdu, Sichuan 611130, China;
    2. College of Economics and Management, Shandong Agricultural University, Tai'an, Shandong 271018, China
  • Received:2025-09-22 Published:2026-05-22

Abstract: This study explores the effect of minimum labor remuneration on household economic resilience, which is of great significance for enhancing family welfare and achieving stable social development. Based on both macro-level city data and micro-level household data, this study empirically analyze the impact of minimum labor remuneration on household economic resilience. The results show that minimum labor remuneration can significantly enhance household economic resilience, a conclusion that remains robust after a series of robustness tests. The moderating effect analysis indicates that social security can positively moderate this positive effect. The heterogeneous analysis shows that the positive impact of minimum labor remuneration on household economic resilience is more significant in regions with high administrative efficiency, households with higher education levels, and families with urban household registration. The mechanism analysis suggests that minimum labor remuneration can improve household economic resilience through the "income effect" and "employment effect." Therefore, this study suggests that it is crucial to implement the minimum labor remuneration system, optimize the social security system, improve government administrative efficiency, optimize the urban-rural household registration system and `enhance the overall education level in society.

Key words: minimum labor remuneration, household economic resilience, social security

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