alexa Wavelet Analysis and Applications in Economics and Fina

Research & Reviews: Journal of Statistics and Mathematical Sciences
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Research Article

Wavelet Analysis and Applications in Economics and Finance

Tian-Xiao He* and Tung Nguyen

Illinois Wesleyan University, Bloomington, IL 61702-2900, USA

*Corresponding Author:
Tian-Xiao He
Illinois Wesleyan University, Bloomington, IL 61702-2900, USA
E-mail: [email protected]

Received: 26/06/2015 Accepted: 06/10/2015 Published: 16/10/2015



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.


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