Impact of Monetary and Financial Policy on the Volume of Trading in the Tehran Stock Exchange

Monetary and financial policies are one of the most important macroeconomic policies that affect stock market to large extent. The knowledge of how these policies influence is the important step in national and regional planning and development. The purpose of this research is analyzing the impact of the monetary and fiscal policies on Iran's capital market since 25 years. The data in this research is taken from the period ranging from year 1991 to year 2016. The number of observations of this research was 100 observations. This research is analytical and quasi-experimental. The research design is descriptive and applied., in terms of purpose is applied, in terms of implementation logic is deductive, in terms of. In this research, out of 360 models, 2 final models were extracted and analyzed. In analyzing the data to determine the effect of the independent variable on the dependent variable multiple Regression was used, as well as to compare the different governments the Wald test was used and to test the root of the Dickey Fuller test are used. The results of this study showed that the effect of the monetary and financial policies on volume of transactions in the capital market is significant.