Using exact diagonalization techniques, the photoemission and inverse
photoemission spectra of an extended Hubbard model with intersite inte
ractions are calculated, The intersite interaction is found to suppres
s the spectral features driven by the on-site interaction, leading to
a spectral narrowing and anomalous behavior in the spin polarization o
f the spectra and in the doping dependence of the low-energy spectral
weight. General implications of the calculated results are discussed.