Abstract
The part played by higher-order optical nonlinearities in self-squeezing of intense light propagating in a nonlinear Kerr medium is discussed. An analytical formula for the normally ordered variances of the field is derived under the assumption that the nonlinearity parameters of the medium are small and the number of photons is very great. The saddle-point approach is used to evaluate the sums over large numbers of photons. The analytical formula is illustrated graphically for several sets of nonlinearity coefficients. It is shown that, for large numbers of photons, the higher-order contributions are substantial and can modify the magnitude of squeezing as well as the range of the parameters over which squeezing can be observed.