Abstract
By minimizing the difference between the left- and the right-hand sides of the many-body time-dependent Schrödinger equation with the Slater-determinant wave-function, we derive a non-adiabatic and self-interaction free time-dependent single-particle effective potential which is the generalization to the time-dependent case of the localized Hartree-Fock potential. The new potential can be efficiently used within the framework of the time-dependent density-functional theory as we demonstrate by the evaluation of the wave-vector and frequency dependent exchange kernel and the exchange shear modulus of the homogeneous electron gas.
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