Moreover, in the 2004 wave of the PSFD, about 81% of respondents reported that the property values owned by their parents were below the cap.
The PSFD constructed their survey sample using a three-stage stratified random sampling technique.
The PSFD asks respondents two questions about the amount of monetary assistance given to their parents.
Despite this one drawback, the PSFD has many advantages over other datasets used in this literature.
We pool together the 2002, 2004, and 2006 PSFD surveys, which provides 12,343 observations.
14) Note that the PSFD survey asks about private transfers given and received and public transfers received during the previous year.
Other JSF partner nations are anticipated to sign the PSFD MOU between now and the end of December 2006.
Once the PSFD MOU signing process is completed, the partners will cooperatively develop, produce, test, train, and operate a Lightning II JSF Air System that will enhance the interoperability, survivability, and affordability of allied future forces.
Schreiber acknowledged, however, that some of the partner nations may not be prepared to fully commit to the PSFD
phase and potential subsequent procurement of the JSF.
From the wider macroeconomic viewpoint, the government is to be commended both for giving priority over tax cuts to the containment of the PSFD
and for combining restrictive intentions in the fiscal sphere (even if these intentions have not yet delivered a decisively reduced deficit) with a relatively relaxed monetary policy.
122) Memorandum of Understanding among the Department of Defence of Australia and the Minister of National Defence of Canada and the Ministry of Defence of Denmark and the Ministry of Defence of the Republic of Italy and the State Secretary of Defence of the Kingdom of the Netherlands and the Ministry of Defence of the Kingdom of Norway and the Undersecretariat for Defense Industries on behalf of the Ministry of National Defense of the Republic of Turkey and the Secretary of State for Defence of the United Kingdom of Great Britain and Northern Ireland and the Secretary of Defense on behalf of the Department of Defense of the United States of America Concerning the Production, Sustainment, and Follow-on Development of the Joint Strike Fighter (Short Title - JSF PSFD MOU), p.
123) Source: Untitled information paper on JSF PSFD MOU provided to CRS by Air Force legislative liaison office, September 21, 2009.