Abstract
Based on the spin-rotation-invariant formulation of the Kotliar Ruckenstein slave-boson representation, the paramagnetic spin and charge susceptibilities in thet-J model are calculated. Analyzing the static spin susceptibility, the instability of the paraphase towards incommensurate magnetic order is in agreement, with the saddle-point phase diagram recently obtained by some of the authors. The spin dynamics at arbitrary frequencies, wave vectors and band fillings is calculated, where the Fermi-surface and correlation effects are studied. The magnetic instability region is investigated with respect to the formation of a collective spin-fluctuation mode. Near the transition point, a kinetic gap and a sharp peak in the spectral weight ((1,0) paramagnon) are obtained.
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