A molecular dynamics simulation is performed for liquid benzene in the rigi
d body approximation. The results concerning the structural and dynamical p
roperties of the system provide the basis for the interpretation of recent
experimental data. In particular, it is shown that the system is characteri
sed by a well defined cage structure, and that the average dynamics of the
cages describe the main dynamical features of the bulk liquid. The calculat
ed mean lifetime of the cages is in good agreement with the value of the Ku
bo correlation time derived from the experiments. In the picture emerging b
oth from experiments and calculations, the fast intermolecular dynamics of
liquid benzene is characterised by an inhomogeneously broadened distributio
n of intermolecular vibrational frequencies, whose dephasing is primarily d
ue to the relaxation of the local structures. In particular, this mechanism
is responsible for the dephasing of the low frequency librations giving ri
se to the intermediate quasi-exponential relaxation observed in the optical
Kerr effect experiments.