Quantum entanglement and squeezing of the quadrature difference of bright light fields

In this paper we present a scheme in which the amplitude-quadrature difference and phase-quadrature difference of two bright nonclassical beams serve as a pair of observed complementary variables that can be measured directly and can form a new squeezed state. Mixing such two quadrature-difference squeezed-state beams on a beam splitter produces characteristic of the Einstein-Podolsky-Rosen quantum entanglement. The experimental schemes producing such nonclassical beams and its possible applications in quantum information are discussed.