We conjecture that the square of the norm of the Hubbard wave function is p
roportional to the determinant of a matrix, which is obtained by linearizat
ion of the Lieb-Wu equations around a solution. This means that in the vici
nity of a solution the Lieb-Wu equations are non-degenerate, if the corresp
onding wave function is non-zero. We further derive an action that generate
s the Lieb-Wu equations and express our determinant formula for the square
of the norm in terms of the Hessian determinant of this action. (C) 1999 Pu
blished by Elsevier Science B.V. All rights reserved.