Accuracy of ghost-rotationally-invariant slave-boson theory for multiorbital Hubbard models and realistic materials

We assess the accuracy of the ghost-rotationally-invariant slave-boson (g-RISB) theory in multiorbital systems by applying it to both the three-orbital degenerate Hubbard model and a realistic Sr2RuO4 model extracted from first principle simulations, and comparing the results to those obtained using the dynamical mean-field theory (DMFT). Our findings indicate that g-RISB's accuracy can be systematically improved toward the exact DMFT limit in infinite dimensional multiorbital models by increasing the number of ghost orbitals. This allows for a more precise description of aspects of Hund metal physics and Mott physics compared to the original RISB approach. We also demonstrate that g-RISB reliably captures the quasiparticle weights, Fermi surface, and low-energy spectral function for the realistic Sr2RuO4 model compared to DMFT. Moreover, we showcase the potential of using the density matrix renormalization group method as an impurity solver within the g-RISB framework to study systems with a larger number of ghost orbitals. These results show the potential of g-RISB as a reliable tool for simulating correlated materials. The connection between the g-RISB and DMFT self-energy is also discussed.