CdS microcrystals under weak confinement conditions embedded in a poly
vinyl alcohol polymer film have been optically characterized by linear
absorption and time-resolved luminescence spectroscopy. They are stud
ied in the presence of an external electrical field at low and room te
mperature and different densities of photoexcited carriers. By applyin
g a voltage of 400 V corresponding to an external electric-field stren
gth of 5 X 10(4) V/cm, the observed absorption change in this material
is DELTAalpha/alpha almost-equal-to 0. 07. The electrical field produ
ces a redshift of the absorption band which is explained in terms of t
he quantum-confined Stark effect. In addition, a restoring of the osci
llator strength is observed and explained by screening effects of inte
rnal fields in the interface region by the photogenerated electron-hol
e pairs. At high laser excitation an electric-field-induced change of
the nonlinear absorption spectrum of DELTAalpha/alpha = 0.25 is achiev
ed, giving a considerable modulation of the absorption edge. The elect
rical field separates the laser excited carriers and the change in the
absorption is attributed to a compensation of the many-particle inter
action by the external electrical field.