Abstract

We study a generalized Hubbard Hamiltonian which includes the Cu and O orbitals in the ${\mathrm{CuO}}_{2}$ planes of high-${T}_{c}$ superconductors. We use slave-boson technique to account for the intra- and interatomic correlations. In the saddle-point approximation we obtain the metal-insulator phase diagram and conclude that, for one hole per unit cell in the ${\mathrm{CuO}}_{2}$ plane, ${\mathrm{La}}_{2}$${\mathrm{CuO}}_{4}$ is a charge-transfer insulator. Our results show that doping produces a rapid metallization of the system and destroys antiferromagnetic order. Transport properties and mechanism for superconductivity are briefly discussed.

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