Abstract
The nature of the pairing mechanism responsible for high-temperature superconductivity remains a central theoretical puzzle in condensed matter physics. Here we discuss the properties of the two-dimensional CuO2 layers common to these materials in terms of a three- band Hubbard model. We describe how recently devel oped quantum Monte Carlo simulation techniques al low one to calculate the physical properties of strongly interacting many-electron systems and discuss the re sources required for such simulations. Then we review what we have learned from these simulations about the antiferromagnetic, charge-transfer, and supercon ducting correlations in the three-band Hubbard model. We conclude with a discussion of future goals.
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