Fig. 1
From: How do firms adjust to rises in the minimum wage? Survey evidence from Central and Eastern Europe
Predicted probabilities to find the adjustment channel ‘Relevant’ for a given range of the share of employees earning the minimum wage at the firm. Note: Calculated using a multivariate probit model presented in Tables 12 and 13 in the Appendix, which include different shares of employees at the minimum wage as regressors as opposed to a single regressor for the presence of minimum wage employees, as in Table 5 and 6