Abstract
Within the framework of a simple numerical model, we investigate the optical properties of a laser-excited direct-band-gap semiconductor (CdS) in the case when both free and bound electron-hole pairs are present. At low temperatures the ionization of excitons proceeds via a first-order phase transition, which is closely related to the Mott transition, and we argue that in direct-band-gap semiconductors it is not suppressed by the electron-hole liquid condensation, as it is in indirect-band-gap materials. The existence of the two corresponding ionization phases with different optical properties is shown to result in optical bistability (OB), which is quite similar to the increasing-absorption (resonatorless) OB but has some peculiarities of its own. Our model also predicts another optical manifestation of this ionization phase transition—the possibility of absorption oscillations at resonant excitation of excitons.