Seyed Yaghoub Zeraatkish - Department of Agricultural Economics, Science and Research Branch, Islamic Azad University, Tehran, Iran
Laleh Chehreh - Department of Agricultural Economics, Science and Research Branch, Islamic Azad University, Tehran, Iran
Leila Otadi - Human Resources, Bodily Damage Fund, Tehran, Iran
Sasan Ahadi - Human Resources, State Accounts Court, Tehran, Iran

In this article, the relationship between risk premium spending and important financial and macroeconomic variables in Iran in the years ۲۰۱۳-۲۰۱۴ has been investigated. In this regard, standard OLS regression and the Hodrick-Prescott filter were used. The results of the research showed that there is a positive and significant relationship between the change and evolution of the money supply process and the variable of risk premium. This is while the variables of the gap between private consumption and its trend, exchange rate and stock index of the ۵۰ largest companies in the stock market have a negative and significant effect on the amount of risk premium i.e. ERP in Iran.

equity risk premium, fundamentals, Econometric model, Iran