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We develop a variational scheme called Gutzwiller renormalization group (GRG), which enables us to calculate the ground state of Anderson impurity models (AIM) with arbitrary numerical precision. Our method can exploit the low-entanglement property of the ground state in combination with the framework of the Gutzwiller wavefunction, and suggests that the ground state of the AIM has a very simple structure, which can be represented very accurately in terms of a surprisingly small number of variational parameters. We perform benchmark calculations of the single-band AIM that validate our theory and indicate that the GRG might enable us to study complex systems beyond the reach of the other methods presently available and pave the way to interesting generalizations, e.g., to nonequilibrium transport in nanostructures.
We introduce the transcorrelated Density Matrix Renormalization Group (tcDMRG) theory for the efficient approximation of the energy for strongly correlated systems. tcDMRG encodes the wave function as a product of a fixed Jastrow or Gutzwiller correl
We analyze the ground-state energy, magnetization, magnetic susceptibility, and Kondo screening cloud of the symmetric single-impurity Anderson model (SIAM) that is characterized by the band width $W$, the impurity interaction strength $U$, and the l
We use Wilsons weak coupling ``momentum shell renormalization group method to show that two-particle interaction terms commonly neglected in bosonization of one-dimensional correlated electron systems with open boundaries are indeed irrelevant in the
In some cases the state of a quantum system with a large number of subsystems can be approximated efficiently by the density matrix renormalization group, which makes use of redundancies in the description of the state. Here we show that the achievab
We present a general frame to extend functional renormalization group (fRG) based computational schemes by using an exactly solvable interacting reference problem as starting point for the RG flow. The systematic expansion around this solution accoun