Signatures of Spin and Charge Energy Scales in the Local Moment and Specific Heat of the Two-Dimensional Hubbard Model

Local moment formation driven by the on–site repulsion $U$ is one of the most fundamental features in the Hubbard model. At the simplest level, the temperature dependence of the local moment is expected to have a single structure at $T\sim U$, reflecting the suppression of the double occupancy. In this paper we show new low temperature Quantum Monte Carlo data which emphasize that the local moment also has a signature at a lower energy scale which previously had been thought to characterize only the temperatures below which moments on {\it different} sites begin to correlate locally. We discuss implications of these results for the structure of the specific heat, and connections to quasiparticle resonance and pseudogap formation in the density of states.