Dear All, My purpose is to replicate the following graph from a paper. Array


The original dataset is here ceo.xlsx . In case you don't want to download the data, I have this first 150 observations, classified into 3 groups (by d3 using xtile).
Code:
* Example generated by -dataex-. To install: ssc install dataex
clear
input double(pay market) byte d3
  421633  13.685 1
  598616  16.623 1
  604333  31.245 1
  302250  38.022 1
  217833   40.24 1
  333554   42.34 1
  653811   44.19 1
 1492066  46.885 1
 6207411  52.167 1
  903625  52.542 1
  373282  53.175 1
  222748  53.699 1
  403200  55.946 1
  792802  56.668 1
  801208  57.112 1
  342209  57.698 1
  751868   58.59 1
  720077  61.505 1
  421506  61.677 1
  368537  63.244 1
 1964153  70.044 1
  709831  71.171 1
 1426734  71.464 1
  545409  72.739 1
  940423  74.729 1
  627606  75.589 1
  460600  76.824 1
 1102003  78.198 1
  486525  79.715 1
  611542  82.479 1
 1181203  82.743 1
  718931  83.455 1
 2885415  83.662 1
 1187500   86.94 1
 1278483  88.253 1
  697681  88.619 1
  841277  89.746 1
 1381570  90.711 1
  421973  91.584 1
  600325  91.624 1
 1510956  91.943 1
  325000  94.294 1
12011304  96.247 1
 5658053   98.02 1
  287850  98.085 1
  565553  98.158 1
  956870 100.324 1
  292893 102.775 1
  579558 104.012 1
  907342 104.273 1
  827666 104.313 2
  507478 105.326 2
  847938 107.089 2
11070856 109.375 2
 1034375 109.548 2
  648777 110.299 2
 3733147 110.565 2
 1223447  112.16 2
  597042 112.966 2
  946704 114.214 2
  965581 114.551 2
  505528  114.66 2
  746647 118.116 2
  731906 118.396 2
  555911 119.238 2
 1365978  119.72 2
 1115379 119.882 2
  277248 121.033 2
  637681 121.274 2
  364120 121.837 2
 1097802 126.166 2
  402673 126.595 2
  535767 127.305 2
 1005657  127.31 2
  919970 128.311 2
 1087040  129.97 2
  985701 132.387 2
  499755 133.398 2
 1769133 133.429 2
  984028 133.877 2
  810433 134.004 2
  588637 136.141 2
  972776 136.793 2
 1831279 137.024 2
  650526 137.849 2
 1777170  139.13 2
 1423310 139.689 2
  616017 139.778 2
  929224 139.851 2
 2853249 141.503 2
  746989 142.161 2
  967892  149.06 2
  605828 152.739 2
 1068409  153.44 2
 2072337 154.597 2
  923569 154.705 2
 3285257 155.813 2
  477424 155.985 2
  611706 157.945 2
  973032 158.204 2
 1080732 158.878 3
 4338468 159.334 3
  204186 163.206 3
 1010587 164.299 3
  830850 165.064 3
  745417   165.6 3
 1770574  165.78 3
  190355     167 3
  707843 167.041 3
  516169 168.232 3
 1021333 176.079 3
  748461  176.48 3
  323000 176.491 3
 1392006 177.325 3
 1135117  177.75 3
  607600 179.087 3
 1765951 179.753 3
 1129363 182.306 3
 1094222 184.018 3
 2586133 184.208 3
 2009617 185.736 3
 1582995  186.89 3
 1087114 186.924 3
 2131918   189.1 3
 1226118 189.479 3
  569897 189.845 3
 1142370 191.528 3
  402693  192.77 3
  600000 195.475 3
 1333969   197.2 3
  272210 197.429 3
 1574611 199.546 3
 1219084 199.653 3
  315343 201.168 3
 1737187 201.558 3
  773504 201.713 3
  980697 202.341 3
  629701 204.618 3
 1172371 204.956 3
  540873 205.207 3
 1451127 205.859 3
 1528141 206.773 3
  815200 209.463 3
 1677883  210.13 3
  635315 211.981 3
  466948   212.4 3
 2145214 212.761 3
  900000 215.662 3
 2072062 215.878 3
 3769820  216.02 3
end
Any suggestions are highly appreciated.