This paper studies the effects of image translation on wavelet-based image
registration. The main result is that the normalized correlation coefficien
ts of low-pass Haar and Daubechies wavelet subbands are essentially insensi
tive to translations for features larger than twice the wavelet blocksize.
The third-level low-pass subbands produce a correlation peak that varies wi
th translation from 0.7 and 1.0 with an average in excess of 0.9. Translati
on sensitivity is limited to the high-pass subband and even this subband is
potentially useful. The correlation peak for high-pass subbands derived fr
om first and second-level low-pass subbands ranges from about 0.0 to 1.0 wi
th an average of about 0.5 for Daubechies and 0.7 for Haar. We use a mathem
atical model to develop these results, and confirm them on real data.