Explaining the Reporting of Monetary and Financial Policies in the Public Sector of the Last 25 years and Its Impact on Iran's Capital Market

The capital market is considered as one of the most important markets in the economy of each country due to the accumulation of small funds for implementation of large investment projects. The purpose of this research is analyzing the impact of the monetary and fiscal policies on Iran's capital market in the Construction, Reform, Justice and Hope in a long-term of  25-year period. The number of observations of this research was 100 observations. In this research, the most important capital market indices were included total index and number the of companies accepted in Tehran Stock Exchange as a dependent variable and in the sector of monetary and financial policies the monetary and financial variables were converted from nominal to real by using the general index of prices in all observations. 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, that means the total stock index is different in the governments of Iran, and there is no significant difference between the variables of the number of companies