Anomalous Spectral Shifts of Indirect Excitons in Coupled GaAs Quantum Wells

We have studied the energy shifts of indirect excitons consisting of an electron in one quantum well and a hole in an adjacent quantum well. Several surprising effects occur: (1) a very strong blue shift with increasing intensity of resonant laser excitation, (2) a very strong red shift with weak magnetic field, and (3) very low-frequency (sub-Hz) fluctuations of the spectral position at high excitation density. We discuss the effect of screening by carriers excited in the substrate material.