The basic theory of the wavelet transform, an effective investigation
tool for inhomogeneous processes involving widely different scales of
interacting perturbations, is presented. In contrast to the Fourier tr
ansform, with the analysing function extending over the entire axis of
time, the two-parametric analysing function of the one-dimensional wa
velet transform is well localised in both time and frequency, The pote
ntial of the method is illustrated by analysing familiar model series
(such as harmonic, fractal, and those with various types of singularit
ies) and the long-term variation of some meteorologic characteristics
(Southern oscillation index and global and hemispheric temperatures).
The analysis of a number of El-Nino events and of the temporal behavio
ur of the Southern oscillation index reveals periodic components, loca
l periodicity features, and time scales on which self-similarity struc
tures are seen. On the whole, both stochastic and regular components s
eem to be present. The global and hemispheric temperatures are qualita
tively similar in structure, the main difference-presumably due to the
greater amount of land and stronger anthropogenic factor-being that t
he warming trend in the Northern hemisphere is slightly stronger and g
oes first in time.