A theory of pump probe spectroscopy is carried out using an amplitude appro
ach in a bare state basis. The interplay between absorption and emission is
clearly defined in this approach. Both closed and open systems are conside
red. The theory is applied to a calculation of the dispersion-like structur
e that appears when the probe frequency is nearly equal to the pump frequen
cy, in the limit of large pump field detuning. The origin of the dispersion
-like structure can be traced to interference terms in the absorption spect
rum or to a radiative shift. The probe gain which occurs without level inve
rsion cannot be viewed as a parametric process, in its normal sense. (C) 20
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