Abstract

The spin-rotationally invariant SU(2)×U(1) approach to the Hubbard model is extended to accommodate the charge degrees of freedom. Both U(1) and SU(2) gauge transformation are used to factorize the charge and spin contribution to the original electron operator in terms of the emergent gauge elds. By tracing out gauge bosons the form of paired states is established and the role of antiferromagnetic correlations is explicated. We argue that in strongly correlated electron system collective instanton excitations of the phase eld (dual to the charge) arise with a great degree of stability, governed by gauge ux changes by an integer multiple of 2π. Furthermore, it is shown that U(1) and SU(2) gauge elds play a similar role as phonons in the BCS theory: they act as the the glue for fermion pairing.

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