Quantum fluctuations in the two-photon laser

A two-photon laser is modeled as $N$ two-level atoms interacting via a two-photon transition with a single resonant-cavity field mode. The quadratic form of this interaction makes such a system a candidate to exhibit reduced quantum fluctuations (squeezing) in one quadrature of the output field. A Fokker-Planck equation containing all leading quantum noise terms is derived following the method of Haken. A linearized fluctuation analysis reveals that there is no squeezing in a two-photon laser with injected signal. A small amount of squeezing may be present in two-photon optical bistability. Our calculations confirm the results of Lugiato and Strini, who adopted a factorization of moment equations.