We investigated the effect of mean-field electron correlations on the band electronic structure of Co, Ni, and Pd ultrathin monatomic nanowires, at the breaking point, by means of density-functional calculations in the self-interaction corrected (SIC) local density approximation (LDA) approach and alternatively by the LDA+U scheme. We find that adding static electron correlations increases the magnetic moment in Pd monowires, but has negligible effect on the magnetic moment in Co and Ni. Furthermore, the number of d-dominated conductance channels decreases somewhat compared to the LDA value, but the number of s-dominated channels is unaffected, and remains equal to one per spin.
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