  We present a detailed analysis of hole dynamics in noble metals (Cu and Au),
by means of first-principles many-body calculations. While holes in a
free-electron gas are known to live shorter than electrons with the same
excitation energy, our results indicate that d-holes in noble metals exhibit
longer inelastic lifetimes than excited sp-electrons, in agreement with
experiment. The density of states available for d-hole decay is larger than
that for the decay of excited electrons; however, the small overlap between d-
and sp-states below the Fermi level increases the d-hole lifetime. The impact
of d-hole dynamics on electron-hole correlation effects, which are of relevance
in the analysis of time-resolved two-photon photoemission experiments, is also
addressed.
