Investigating the relationship between macroeconomic indicators and indicator of Tehran Stock Exchange

In studying the behavior of factors influencing market and therefore market economy, the search for the variable or variables that could explain the relationship between the financial sector of the economy and the real sector is very important.Money and capital markets as pillars of the financial sector are responsible for financing the real sector. Performance of the financial sector leads to the efficient allocation of scarce resources to economic activities. Optimal allocation ofresources, in turn, leads to efficient savings and investment and thus economic growth close to the potential of the economy. Financial sector of the economy ofeach country is the supplier of financial resources and real economic activities which are divided into two parts: 1. Money market mainly run by the banking system of a country the mostimportant function of which is providing short-term credits 2. And capital markets the main function of which is long-term financing needed in productive activities of production and services

Keywords:

Behavior of factors influencing market , market economy , efficient savings and investment , Money market