Notice of RetractionThe study on relationship between macro-economy fluctuation and stock market fluctuation based on wavelet multi-scale transform

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

This paper presents a method for analyzing the relationship between the macro-economy and stock market at different time scales, in an effort to correct the deficiency that other usual methods have, which are performed at single time scale. Firstly, the variables of macro-economy and stock market are decomposed at multiple scales with wavelet transform. Secondly, correlation analysis and Granger Causality Test are conducted to these decomposed data, trying to find out the relationship between the macro-economy and stock market at different time scales. The analysis result shows that there do exist some relationship between macro-economy and stock market at some time scales.