We address theoretically the question of classical stochastic fields
mimicking quantum states of light in the context of nonlinear spectroscopy and
nonlinear optics, in particular two-photon absorption (TPA) and sum-frequency
generation (SFG) driven by weak or bright broadband squeezed vacuum with
time-frequency entanglement between photons. Upon using a well-defined but ad
hoc subtraction of vacuum-energy terms (renormalization), we find that the
classical stochastic model yields exactly the same predictions as the full
quantum-field theory for all of the phenomena considered here, in both the
low-gain and high-gain regimes of squeezed vacuum. Such predictions include the
linear-flux scaling of TPA and SFG rates at low incident photon flux, as well
as the dependence of TPA and SHG rates on the relative linewidths of the
squeezed light and the ground-to-final-state transition in the material system,
and the spectrum of SFG generated by bright squeezed vacuum