The relativistic two-body system in (1 + 1)-dimensional quantum electrodyna
mics is studied. It is proved that the eigenvalue problem for the two-body
Hamiltonian without the self-interaction terms reduces to the problem of so
lving a one-dimensional stationary Schrodinger-type equation with an energy
-dependent effective potential which includes the delta-functional and inve
rted oscillator parts. The conditions determining the metastable energy spe
ctrum are derived, and the energies and widths of the metastable levels are
estimated in the limit of large particle masses. The effects of the self-i
nteraction are discussed.