  Spectrophotometric observations at high signal-to-noise ratio were obtained
of a complete sample of 347 DA white dwarfs from the Palomar Green (PG) Survey.
Fits of observed Balmer lines to synthetic spectra calculated from
pure-hydrogen model atmospheres were used to obtain robust values of Teff, log
g, masses, radii, and cooling ages. The luminosity function of the sample,
weighted by 1/Vmax, was obtained and compared with other determinations. The
mass distribution of the white dwarfs is derived, after important corrections
for the radii of the white dwarfs in this magnitude-limited survey and for the
cooling time scales. The formation rate of DA white dwarfs from the PG is
estimated to be 0.6x10^(-12) pc^(-3) yr^(-1). Comparison with predictions from
a theoretical study of the white dwarf formation rate for single stars
indicates that >80% of the high mass component requires a different origin,
presumably mergers of lower mass double degenerate stars. In order to estimate
the recent formation rate of all white dwarfs in the local Galactic disk,
corrections for incompleteness of the PG, addition of the DB-DO white dwarfs,
and allowance for stars hidden by luminous binary companions had to be applied
to enhance the rate. An overall formation rate of white dwarfs recently in the
local Galactic disk of 1.15+/-0.25x10^(-12) pc^(-3) yr^(-1) is obtained. Two
recent studies of samples of nearby Galactic planetary nebulae lead to
estimates around twice as high. Difficulties in reconciling these
determinations are discussed.
