A series of accurate ab initio calculations on Cu_pO-q finite clusters,
properly embedded on the Madelung potential of the infinite lattice, have been
performed in order to determine the local effective interactions in the CuO_2
planes of La_{2-x}Sr_xCuO_4 compounds. The values of the first-neighbor
interactions, magnetic coupling (J_{NN}=125 meV) and hopping integral
(t_{NN}=-555 meV), have been confirmed. Important additional effects are
evidenced, concerning essentially the second-neighbor hopping integral
t_{NNN}=+110meV, the displacement of a singlet toward an adjacent colinear
hole, h_{SD}^{abc}=-80 meV, a non-negligible hole-hole repulsion
V_{NN}-V_{NNN}=0.8 eV and a strong anisotropic effect of the presence of an
adjacent hole on the values of the first-neighbor interactions. The dependence
of J_{NN} and t_{NN} on the position of neighbor hole(s) has been rationalized
from the two-band model and checked from a series of additional ab initio
calculations. An extended t-J model Hamiltonian has been proposed on the basis
of these results. It is argued that the here-proposed three-body effects may
play a role in the charge/spin separation observed in these compounds, that is,
in the formation and dynamic of stripes.Comment: 24 pages, 4 figures, submitted to Phys. Rev.