“…(See, for example, Easterlin 1962Easterlin , 1966aEasterlin and b, 1968Easterlin , 1969Easterlin , 1973Easterlin , 1978 Those who have participated in the ensuing discussion include Ahlburg (1982), Ben-Porath (1975), Butz and Ward (1979), Denton and Spencer (1975, Chs. 3, 10), Easterlin et al (1978a and b), Lee (1976Lee ( , 1981Lee ( , 1987, Moffit (1982), Samuelson (1976), Schultz (1987), Wachter (1975), and Ward and Butz (1980). Among the few analyses specifically concerned with macroeconomic implications of microeconomic optimizing behaviour are Cigno (1988), Barro and Becker (1988), Denton and Spencer (1983, 1984, 1988, and Lee and Lapkoff (1988).…”