banquedefranceBanque de France126048371086614937805/13/2020 - 10:15When they are not caused by changes in bank fundamentals, rises in bank stock prices inform the bank managers that their bank’s cost of equity has reduced and, consequently, support corporate and household lending #BdFeco WP by Mattia Girotti & @GuHorny 👇https://t.co/omQWtrpPaZ