The wavelet Galerkin operator appears in several different contexts such as wavelets (see for example [Law91b], [Dau95], [CoDa96], [LLS96], [CoRa90]), ergodic theory and g-measures ([Kea82]) or quantum statistical mechanics ([Rue68]). For some of the applications of the Ruelle operator we refer the reader to the book by V. Baladi [Bal00]. It also bears many different names in the literature: th...