earlier drafts.
† Address: Economics Department, Reserve Bank of New Zealand, 2 The Terrace, PO
Box 2498, Wellington, New ….
Wavelets have not been used as extensively in economics as they have been
in the hard sciences, but they are beginning to enter … commonly seen in
economics, we move from the function space of L2(R) to the sequence space
ofl2, with the implication that …