This paper addresses the modeling of wavelet coefficients for multispectral (MS) band sharpening based on undecimated multiresolution analysis (MRA). The coarse MS bands are sharpened by injecting highpass details taken from a high resolution panchromatic (Pan) image. Besides the MRA, crucial point is modeling the relationships between detail coefficients of a generic MS band and the Pan image at the same resolution. Once calculated at the coarser resolution, where both types of data are available, such a model shall be extrapolated to the finer resolution in order to weight the Pan details to be injected. The goal is that the merged MS images are most similar to what the MS sensor would collect if it had the same resolution as the broadban...