Since the first observation of coherent optical phenomena (e.g., self-induced transparency, optical nutation, photon echo, etc.), the resonant interaction of matter with laser pulses of duration tp short compared to the irreversible relaxation time T 0 2 of the medium polarization has become the subject of intensive studies, both theoretical and experimental. Phenomena arising from the coherent excitation of electric-dipole allowed transitions have been investigated in great detail [1]. Resonant and near-resonant two-photon excitations with ultrashort laser pulses of forbidden atomic transitions give access to an even wider class of nonlinear-optical processes such as two-photon absorption, stimulated Raman scattering, and four-wave sumand differencefrequency mixing. The latter has proved to be a powerful tool for efficient femtosecond pulse generation in the vacuum ultraviolet (VUV) spectral range [2]. Nevertheless, up to now only a few experimental results have been obtained which allow the direct observation of the coherent dynamics in two-photon induced radiationmatter interactions (see experimental papers [3–6] and monograph [7]). In this Letter we report for the first time a direct experimental observation of the coherent dynamics of an atomic two-photon excitation process using timeresolved four-wave difference-frequency mixing svs 2vp 6 vid with femtosecond UV and VUV pulses. Keeping the injected pulses svid significantly shorter than the pump pulses svpd we were able to resolve Rabi oscillations and subsequent relaxation of the excitation at the probe difference frequency svsd. The results are of great importance for the understanding of coherent phenomena underlying the femtosecond VUV-pulse generation and further optimization of this process. A two-photon transition has no dipole moment and coherent emission occurs only in the presence of an external field. This specific feature is exploited in coherent two-photon spectroscopy [3,4]. An additional field of frequency vi applied to a two-photon transition which had been excited by an intense pump pulse of frequency vp > v21y2 (v21 being the frequency of the atomic tran-
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