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Recent housing-market studies have modeled slow stock and price adjustment with some success. However, the empirical procedures used in these models break down if housing stocks or prices are driven by stochastic growth. In this paper I suggest an error-correction model for analyzing housing supply and demand under conditions of stochastic growth for a regional housing market. The model is applied to the housing market in Boulder, Colorado from 1981 through 1995—a period of rapid growth in housing values in the area. Long-run housing supply and demand are shown to be inelastic with respect to changes in the price of housing. The results indicate that developers respond more accurately to housing-market disequilibrium attributable to supply-side disturbances than to disturbances generated by changes in the demand for housing. On the other hand, price appreciation is driven primarily by demand disturbances. [ABSTRACT FROM AUTHOR]

The article relates the author's association with the Center of the American West at the University of Colorado in Boulder which was created in 1986. The author notes that her association with the center has transformed her from an individualistic humanities professor primarily focused on her own work into a faculty director and chair of the board of the Center of the American West. According to the author, the works of the Center of the American West represent the realization of her dreams for higher education.

This article reports that the Society for Study of the History of Philosophy and the University of Colorado at Boulder has announced plans for an international Hobbes Tercentenary Conference, which will be held during August 1979 at Boulder, Colorado. The conference will be broadly organized around the theme 'a natural science of justice'. While this theme will form the focus of the conference, there is no intent to discourage papers on topics only marginally related.

Presents the views of two graduates of the Nurse Practitioner Programme of the University of Colorado on their expanded role functioning in Boulder, Colorado. Optimism of the nurses on their training program; Significance of the training program; Confidence of nurses on their skills in physical diagnosis and behavior modification.