Wavelet Analysis and Applications in Economics and Finance

Publication Date

January 2015


Journal of Statistics and Mathematical Sciences is an open access journal published by Research and Reviews, http://www.rroij.com/.


In this paper, we examine the applications of wavelet analysis on finance and related fields. We go over some relevant wavelet transforms and discuss their potency in dealing with financial data. Then, we consider the issues with the choice of wavelet and practical implementation. Finally, several applications on finance and economics are discussed in details with provided examples for the demonstration.


Applied Mathematics | Physical Sciences and Mathematics