We present a new dynamical model for a directly modulated semiconductor dio
de applicable to systems in which the dynamical time scales of interest are
longer than the round-trip time of light in the diode, Employing a multipl
e scales analysis to simplify the familiar phenomenological equations, we f
ind that the dynamical response of the diode can he described by time-depen
dent reflection and transmission coefficients for the electric field and on
e ordinary differential equation for the integrated carrier density, We do
not assume that the photon and carrier densities are uniform along the diod
e and do not need to calculate them explicitly at each point. Additionally,
we need not restrict ourselves to only a small signal response. We justify
the multiple scales analysis for parameters corresponding to typical struc
tures through a comparison of the numerical solution of our results and a d
irect numerical integration of the original phenomenological equations.