Income motive

In the older literature, often very broad explanations of the fact that – an average private household usually receives payments for work done (salary, wages) on a single date, – it then spends this money within a month on the necessary purchases, and – it therefore has to set up a bridgeover box. – With the advent of cards, these considerations have become largely irrelevant. Nevertheless, even recent textbooks contain extensive, page-long explanations of the income motive defined in this way. – See contingent cash, business motive, precautionary motive.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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