We study the Hubbard model with bond-charge interaction (“correlated hopping”) in terms of the Gutzwiller wave function. We show how to express the Gutzwiller expectation value of the bond-charge interaction in terms of the correlated momentum-space occupation. This relation is valid in all spatial dimensions. We find that in infinite dimensions, where the Gutzwiller approximation becomes exact, the bond-charge interaction lowers the critical Hubbard interaction for the Brinkman-Rice metal-insulator transition. The bond-charge interaction also favors ferromagnetic transitions, especially if the density of states is not symmetric and has a large spectral weight below the Fermi energy.

• Received 2 August 2000

DOI:https://doi.org/10.1103/PhysRevB.63.045107