CONTENTS 1 Introduction: The Costs of Behaving Badly Adam S. Posen
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2 Economic Fallout from Crisis-Driven Fiscal Policy David J. Stockton
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3 Impact of US Fiscal Uncertainty on Household Saving Behavior Tomas Hellebrandt
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4 Market Impact of US Fiscal Confrontations Ă ngel Ubide
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5 Legal Uncertainties Surrounding Debt Ceiling Battles Anna Gelpern
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6 Threats of Default and Dollar’s International Role Joseph E. Gagnon and Kent Troutman
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7 US Fiscal Uncertainty and Emerging-Market Capital Flows Douglas A. Rediker
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This report was funded by a grant from the Peter G. Peterson Foundation. The statements made and views expressed are solely those of the individual authors.