Semiconductor heterostructures based on different compositions of the same alloy are important for the realization of new electronic and photonic devices. Stepped quantum wells are considered as good candidates for the enhancement of non-linear optical properties. [1] There have been, however, very few studies devoted to the properties of the alloy±alloy interface common to all these materials. [2] Previous investigations on the optical properties of In-GaAs±GaAs strained symmetric quantum wells (SQW) have provided considerable evidence on the high quality achievable in samples grown with this type of semiconductor alloy material. [3±5] On the contrary, we observe that while stepped± asymmetric quantum well (AQW) reflectivity (R) spectra agree well with theory, photoluminescence (PL) spectra show a somewhat peculiar behavior. In this study we concentrate on the power and temporal dependence of the AQW PL to illustrate a phenomenology consistent with exciton localization at the alloy±alloy interface.Three AQW samples were grown on a GaAs(001) substrate by molecular beam epitaxy (MBE) techniques in a computercontrolled Varian GEN II machine. They consist of a double layer of In x Ga 1-x As/In y Ga 1-y As alloy (x = 0.064, y = 0.149) of equal thickness (L x = L y = 3.2, 4.2, and 5.2 nm for samples SS22, SS23, and SS24 respectively). Growth interruption was implemented between the growth of the GaAs substrate and InGaAs alloy to minimize defect formation at the interface. Uninterrupted growth of the ternary alloy layers was achieved by the use of two indium furnaces at T 1 = 596 C and T 2 = 696 C. Sample monitoring and characterization was performed in situ by means of reflection high-energy electron diffraction (RHEED) and ex situ by high-resolution X-ray diffraction (HRXRD). The HRXRD rocking curves were compared with simulated spectra and were found to be consistent with a homogeneous composition of barriers and wells, as well as with sharp discontinuities at the interfaces.Reflectivity (R) spectra were recorded at temperatures ranging between 10±300 K using a spectrometer as described in ref. 6. Excitonic properties were calculated using a parameter-free exciton model within the effective-mass approximation which explicitly takes into account the following effects:(1) valence band degeneracy; (2) hydrostatic and uniaxial strain owing to the large lattice mismatch between GaAs (a o = 0.565 nm) and InGaAs alloys (a o = 0.606 nm for InAs);(3) finite confinement potentials for electrons and holes; (4) image potentials; and (5) quasi-continuum states outside the well potentials. [7] The theoretical optical response was computed by numerically solving Maxwell's equations taking into account spatial dispersion effects. [8] The calculations have assumed an abrupt potential energy profile along the well.The experimental and theoretical AQW reflectivity peak positions are shown in Table 1. The agreement is very good for the excitonic ground state transitions. For sample SS22, the discrepancy is as low as 0.8 meV, and for ...