Retrieval Failures and Consumption Smoothing (Augenblick et al. 2026) | FT50 QJE

<p>English Podcast Starts at 00:00:00</p><p>Bengali Podcast Starts at 00:47:18</p><p>Hindi Podcast Starts at 01:07:36</p><p>Danish Podcast Starts at 01:32:37</p><p><br></p><p>Reference</p><p>Ned Augenblick, B Kelsey Jack, Supreet Kaur, Felix Masiye, Nicholas Swanson, Retrieval Failures and Consumption Smoothing: A Field Experiment on Seasonal Poverty, The Quarterly Journal of Economics, Volume 141, Issue 4, November 2026, Pages 2735–2801, https://doi.org/10.1093/qje/qjag035</p><p>‌</p><p>‌Youtube Channel</p><p>⁠https://www.youtube.com/@weekendresearcher⁠</p><p>Podcast Website</p><p>https://mayukhmukhopadhyay.com/reviseandresubmit</p><p>AOM SIM Curriculum Committee</p><p>https://sim.aom.org/curriculum/curriculum-committee</p><p>AOM SIM-Bytes Curriculum Lessons</p><p>https://sim.aom.org/simthrive/teaching/simbytes</p><p><br></p><p>🎙️ <strong>Welcome to Revise and Resubmit</strong>, where we uncover the human stories behind extraordinary research and the ideas that quietly change the way we see the world.</p><p>💡 Imagine earning your income once a year, knowing that it must feed your family through the months ahead. You understand the hardship. You know the money must last. And yet, somehow, when tomorrow&#39;s expenses arrive, the savings you thought would be enough begin to disappear.</p><p>Is this a failure of discipline, a shortage of money, or something far more subtle? What if the problem lies in what we forget to remember?</p><p>📚 In today&#39;s episode, we explore <em>“Retrieval Failures and Consumption Smoothing: A Field Experiment on Seasonal Poverty,”</em> by Ned Augenblick, B. Kelsey Jack, Supreet Kaur, Felix Masiye, and Nicholas Swanson. Published online on 1 October 2026 by Oxford Academic, the paper is scheduled for Volume 141, Issue 4, of <em>The Quarterly Journal of Economics</em> in November 2026.</p><p>🌍 The researchers investigate the financial lives of smallholder farmers in Zambia, whose annual harvest must sustain them throughout the year. Their findings are striking. Farmers underestimated their forthcoming expenses by around 50%. Rather than offering additional money or conventional financial advice, the researchers simply helped them remember what they were likely to spend.</p><p>The results were remarkable. Households increased their savings, entered the difficult hungry season with an additional month of financial reserves, and subsequently invested more in farming, raising next year&#39;s crop revenue by 9%. A simple exercise