A.P.Petukhov Biorthogonal wavelet bases with rational masks and their application petukhov@pdmi.ras.ru General principles of a construction of biorthogonal wavelet bases, associated with recursive filters, are considered. Fast algorithms of expansion of functions in these bases, including, algorithms, which are based on factorizations of polyphase matrices, are presented. Results of numerical simulation of image compression algorithms, based on expansion of images in the offered basis, are given. They allow to make a conclusion about high effectiveness of the offered algorithms from a point of view of computational complexity as well as from a point of view of value of the compression factors.