Conserving approximations in time-dependent quantum transport: Initial correlations and memory effects

We study time-dependent quantum transport in a correlated model system by means of time-propagation of the Kadanoff-Baym equations for the nonequilibrium many-body Green function. We consider an initially contacted equilibrium system of a correlated central region coupled to tight-binding leads. Subsequently a time-dependent bias is switched on after which we follow in detail the time-evolution of the system. Important features of the Kadanoff-Baym approach are 1) the possibility of studying the ultrafast dynamics of transients and other time-dependent regimes and 2) the inclusion of exchange and correlation effects in a conserving approximation scheme. We find that initial correlation and memory terms due to many-body interactions have a large effect on the transient currents. Furthermore the value of the steady state current is found to be strongly dependent on the approximation used to treat the electronic interactions.