The master equation for the reduced atomic density operator for the Di
cke model (N-a 2-level atoms on the same single site) interacting with
a broad-band squeezed vacuum state held is derived using operator rea
ction field theory. The analysis through reaction field theory is pres
ented first of all for the normal vacuum and then for the squeezed vac
uum, both within the Markov and Born approximations. In the case of th
e squeezed vacuum field a statistical decorrelation between matter and
field variables is also necessarily adopted in order to close the sys
tem of equations: this is also the case for the broad-band black-body
field, and the theory contrasts with that which employs projection ope
rator techniques and uses weak coupling. Models involving a both axial
ly symmetrical and wholly isotropic distribution of the squeezed vacuu
m modes are compared.