In fluorescence emission spectra of poly(vinylcarbazole) (PVK), two types of excimers are observed, the fully and the partially overlapped excimers, namely, excimers and exciplexes. In this work, we investigated the structural changes induced by the transition between electronic levels S(0) and S(1). Furthermore, the widely used assumption of similar potential energy surfaces in the S(0) and S(1) states and its use in molecular dynamics simulations are thoroughly examined for PVK and polystyrene (PS). The ground-state and excited-state intermolecular potentials between phenyl or carbazyl substituents in PS or PVK, respectively, are computed from high-level ab initio calculations and fit to analytic potentials. Finally, molecular dynamics simulations are performed at room temperature for PS and for isotactic and syndiotactic PVK. This treatment enabled the decoupling of excimer and exciplex contributions from the simulated spectra.