Ultrafast exciton dynamics is investigated in a high-quality ZnxCd1-xSe-ZnS
e multiple quantum well at low photoexcited carrier density by means of a t
wo-color femtosecond absorption saturation technique. Broadening of the exc
iton Lines due to carrier photocreation is found to dominate the observed n
onlinear response. Measurements performed as a function of the initial ener
gy of the photoexcited carriers show that the dynamics of the induced broad
ening strongly depends on the carrier distribution, suggesting that Pauli e
xclusion principle effects significantly influence exciton broadening in te
rnary quantum-well systems. Localized excitons are shown to modify the pico
second nonlinear response, inducing a frequency shift of the absorption cha
nge peak as the system approaches quasiequilibrium. [S0163-1829(99)00331-8]
.