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Verifies numerically that the location-level shift-share IV estimate equals the shock-level IV estimate (Borusyak-Hull-Jaravel 2022). A near-zero difference is a strong internal-consistency check that the instrument and aggregation are behaving as intended.

Usage

ssb_equivalence(design)

Arguments

design

An [ssb_design()] object.

Value

A list (class `ssb_equivalence`) with `location`, `shock`, and their absolute `difference`.