We investigate equilibrium and steady-state non-equilibrium transport properties of a spinless resonant level locally coupled to two conduction bands of width ∼ Γ via a Coulomb interaction U and a hybridization t ′ . In order to study the effects of finite bias voltages beyond linear response, a generalization of the functional renormalization group to Keldysh frequency space is employed. Being mostly unexplored in the context of quantum impurity systems out of equilibrium, we benchmark this method against recently-published time-dependent density matrix renormalization group data. We thoroughly investigate the scaling limit Γ → ∞ characterized by the appearance of power laws. Most importantly, at the particle-hole symmetric point the steady-state current decays like J ∼ V −α J as a function of the bias voltage V ≫ t ′ , with an exponent αJ (U ) that we calculate to leading order in the Coulomb interaction strength. In contrast, we do not observe a pure power-law (but more complex) current-voltage-relation if the energy ǫ of the resonant level is pinned close to either one of the chemical potentials ±V /2.

We investigate nonequilibrium properties of the single impurity Anderson model by means of the functional renormalization group (fRG) within Keldysh formalism. We present how the level broadening Γ/2 can be used as flow parameter for the fRG. This choice preserves important aspects of the Fermi liquid behaviour that the model exhibits in case of particle-hole symmetry. An approximation scheme for the Keldysh fRG is developed which accounts for the frequency dependence of the two-particle vertex in a way similar but not equivalent to a recently published approximation to the equilibrium Matsubara fRG. Our method turns out to be a flexible tool for the study of weak to intermediate on-site interactions U 3Γ. In equilibrium we find excellent agreement with NRG results for the linear conductance at finite gate voltage, magnetic field, and temperature. In nonequilibrium, our results for the current agree well with TD-DMRG. For the nonlinear conductance as function of the bias voltage, we propose reliable results at finite magnetic field and finite temperature. Furthermore, we demonstrate the exponentially small scale of the Kondo temperature to appear in the second order derivative of the self-energy. We show that the approximation is, however, not able to reproduce the scaling of the effective mass at large interactions.

We analyze the nonequilibrium Kondo model at finite voltage and temperature by using a new formulation of the real-time renormalization group method with the Laplace variable as the flow parameter. We evaluate the energy-dependent spin relaxation rate and nonlinear conductance, and derive an approximate form for the universal line shape for the latter in the whole crossover regime from weak to strong coupling. The results are shown to agree well with exact methods in equilibrium, Fermi-liquid theory, weak-coupling expansions, and recent experiments. For the transient spin dynamics we find a universal exponential decay in the long-time limit along with a truncation-dependent pre-exponential power law. For multichannel models a pure power-law decay typical for non-Fermi-liquid behavior is predicted.

We present a detailed comparison of three different methods designed to tackle nonequilibrium quantum transport, namely the functional renormalization group (fRG), the time-dependent density matrix renormalization group (tDMRG), and the iterative summation of real-time path integrals (ISPI). For the nonequilibrium single-impurity Anderson model (including a Zeeman term at the impurity site), we demonstrate that the three methods are in quantitative agreement over a wide range of parameters at the particle-hole symmetric point as well as in the mixed-valence regime. We further compare these techniques with two quantum Monte Carlo approaches and the time-dependent numerical renormalization group method.