We consider a magnetic impurity which interacts by hybridization with a
system of strongly correlated conduction electrons. The latter are described by
a Hubbard Hamiltonian. By means of a canconical transformation the charge
degrees of freedom of the magnetic impurity are eliminated. The resulting
effective Hamiltonian Heff is investigated and various limiting cases
are considered. If the Hubbard interaction U between the conduction electrons
is neglected Heff reduces to a form obtained by the Schrieffer-Wolff
transformation, which is essentially the Kondo Hamiltonian. If U is large and
the correlations are strong Heff is changed. One modification concerns
the coefficient of the dominant exchange coupling of the magnetic impurity with
the nearest lattice site. When the system is hole doped, there is also an
antiferromagnetic coupling to the nearest neighbors of that site involving
additionally a hole. Furthermore, it is found that the magnetic impurity
attracts a hole. In the case of electron doping, double occupancies are
repelled by the impurity. In contrast to the hole-doped case, we find no
magnetic coupling which additionally involves a doubly occupied site.Comment: 16 pages, Revtex 3.