1. Introduction
Multicarrier modulation [1] offers many advantages such as simple equalization and adaptive modulation and coding techniques, with Orthogonal Frequency Division Multiplexing (OFDM) being the most prominent scheme, currently employed in many wireless communication standards such as LTE and IEEE 802.11. However, OFDM is based on rectangular pulses which perform poorly in the frequency domain, causing some disadvantages [2]. Recently, Filter Bank MultiCarrier (FBMC) has been identified by many authors [3], [4], [5], [6] as a possible candidate to replace OFDM in the next generation of wireless communications systems (5G). The basic idea of FBMC dates back to the 1960s [7], [8] and was reformulated, for example, in [9], [10], [11]. Note that throughout literature, different names, such as cosine-modulated multitone, staggered multitone, discrete wavelet multitone and OFDM/Offset Quadrature Amplitude Modulation (OQAM), have been used to describe, essentially, the same concept that we will refer to here as FBMC.