Despite the difficulties of developing accurate and efficient TDDFT approaches
for excitons, much progress has been made over the past few years. The path
forward is most likely to bring TDDFT and traditional many-body theory even
closer together, the outcome being xc kernels that are functionals of occupied as
well as unoccupied bands, similar in spirit to the nanoquanta and bootstrap kernels.
Hybrid xc kernels are another promising way forward; however, this means
abandoning pure TDDFT and admitting nonlocal exchange. This has been an
extremely successful strategy for finite systems: indeed, standard hybrid functionals
are widely used for excitons in polymers and other nanoscale systems
[138–141]. For periodic solids, the standard hybrid functionals may have to be
suitably modified to describe excitonic properties; work along these lines is in
progress [107].
Acknowledgments This work was supported by NSF grant DMR-1408904. We thank Lucia
Reining and Francesco Sottile for many helpful discussions. C.U. thanks the ETSF-Palaiseau
group for its hospitality and the Ecole Polytechnique for its support during an extended visit
in 2014.
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