Christiano operationalises a slow takeoff as
There will be a complete 4 year interval in which world output doubles, before the first 1 year interval in which world output doubles.
in Takeoff speeds, and a fast takeoff as one where there isn’t a complete 4 year interval before the first 1 year interval.
Christiano operationalises a slow takeoff as
in Takeoff speeds, and a fast takeoff as one where there isn’t a complete 4 year interval before the first 1 year interval.