Starting from a multiband Hamiltonian containing the relevant Ni and O
orbitals, we derive an effective Hamiltonian H-eff for the low-energy
physics of doped Y2BaNiO5. For hole doping, H-eff describes O fermion
s interacting with S = 1 Ni spins in a chain, and cannot be further re
duced to a simple one-band model. Using numerical techniques, we obtai
n a dynamical spin structure factor with weight inside the Haldane gap
. The nature of these low-energy excitations is identified and the eme
rging physical picture is consistent with most of the experimental inf
ormation on Y2 - xCaxBaNiO5.