Recent empirical evidence has indicated that Conditional Cash Transfer (CCT) do not have an aggregate effect on adult labour supply, however little attention has been paid to the role of other intrahousehold dynamics. This paper examines how the bargaining power structure of households affects the parental labour supply response to CCT programmes.

Argentina had traditionally enjoyed one of the highest elderly coverage rates in Latin America. However, since the mid-1990s coverage rates started a steady decline, especially for low income workers. In response, the Argentine government implemented a series of sweeping reforms in the mid-2000s. Central to these reforms was a program known as the 'Moratorium,' which allowed workers of retirement age to receive a pension regardless of whether they had completed the full 30 years of required social security contributions through formal employment.