We identify the contributions to the terahertz (THz) signals from both
the creation of polarized uncorrelated electron-hole pairs and polari
zed excitons in GaAs/Al0.3Ga0.7As quantum wells. We find that the THz
radiation from the creation of polarized excitons is comparable in mag
nitude to that from the creation of polarized uncorrelated e-h pairs.
Unlike the THz transient from uncorrelated e-h pairs, the signal from
polarized excitons is also strongly influenced by the combined effects
of detuning and finite pulse duration.