The spectral analysis of stationary random processes is studied by using wa
velet transform method. On the basis of wavelet transform, the conception o
f time-frequency power spectral density of random processes and time-freque
ncy cross-spectral density of jointly stationary random processes are prese
nted. The characters of the time-frequency power spectral density and its r
elationship with traditional power spectral density are also studied in det
ails.