Recent progress in the study of unstable valence compounds by inelastic neu
tron scattering is discussed. Deeper understanding of the ground state of S
m-based mixed valence compounds results from powder and single-crystal neut
ron spectroscopy of Sm spin-orbit transitions in a wide energy range. "Spin
-gap" systems with a complicated spectral shape of the magnetic response at
low temperature have been found among Ce- and Yb-based compounds, They can
be considered as a separate group among unstable valence systems: both cry
stal field effects and hybridization with conduction electrons appears to b
e sizable and of comparable magnitude. In heavy fermion compounds the inter
play of crystal field interactions and hybridization effects in a relativel
y large temperature range appears to be an important Factor for the Formati
on of the magnetic excitation spectra. Pronounced anomalies have been disco
vered in the lattice dynamics of the intermetallic system Ce-Ni in relation
with the intermediate valence state of Cc. (C) 2000 Elsevier Science B.V.
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