We analyze squeezing of both the fundamental and harmonic fields under
going traveling-wave, second-harmonic generation (SHG) in second-order
(chi(2)) nonlinear media. We take into account depletion of the funda
mental field as well as the phase mismatch between the fundamental and
harmonic fields. The behavior of the quantum noises on the propagatin
g fields is studied by linearizing the nonlinear operator equations ar
ound the mean-field values. We first consider the degenerate case that
is applicable to type-I phase-matching geometries, obtaining expressi
ons for squeezing in both the fundamental and harmonic fields under th
e conditions of perfect phase matching and large phase mismatch. We sh
ow that in the case of a large phase mismatch, the intensity-dependent
self-phase shift of the fundamental field, arising due to cascading o
f the chi(2) nonlinearity, is responsible for the squeezing generation
. We also numerically solve the linearized quadrature-operator equatio
ns together with the nonlinear mean-field equations. We find that in t
he case of a finite phase mismatch the harmonic field can be highly sq
ueezed. This is in contrast to the perfectly phase-matched case where
the maximum squeezing is limited to 50%. Finally, we analyze the nonde
generate case that applies to type-II phase-matching geometries. Here
we show that the commonly used type-II phase-matched SHG process with
the input harmonic field in the vacuum state is equivalent to a type-I
SHG process iu parallel with a degenerate optical-parametric process.
The latter causes squeezing in the mode that is polarized orthogonal
to the fundamental beam. In the perfect phase-matching case, the squee
zing in the orthogonally polarized mode follows the simple expression
S = 1 - gamma, where gamma is the harmonic conversion frequency.