The accuracy of a method solving an electronic many-body problem lies in the
estimation of the exact exchange-correlation term. Many approximations are
formulated for some special situations and how to tackle the correlations,
leading to overestimated or underestimated physical properties. It is possible
to understand and evaluate the exact exchange-correlation in a semi-empirical
model by understanding the charge distribution and a screening effect of a
delocalized s state. A quantitative calculation in a simple tight-binding + U
model is performed, which describes quite accurately some physical properties
as the magnetism and the gap in transition metal oxides. Unifying several
approaches of the band structure theory, explaining some disagreements in
theoretical physics and some experimental results. We found 1.3 eV in the Iron
BCC, 1.55 eV in the Cobalt FCC and 2.2 eV in the Nickel for the
exchange-correlation energies per orbital and a good estimation of the Curie
temperature