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By the example of the Hubbard model we analytically and numerically examine the formating and coexisting of localized electron–electron pairs (doublons) and localized electron–hole pairs (Frenkel–type excitons) . Here we demonstrate that at a variation of the on-site Coulomb repulsion U there occurs a quantum transition from the doublon to the exciton regime that is conditioned by the low-energy effective hybridization of the valence and conductivity subbands. We calculate momentum distribution functions and electronic spectrum functions for different U, which reveal topologically nontrivial behaviour at the Fermi level.

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