We are having a mediation model with 2 outcome variables, one mediator and one predictor (exogenious). Based on the literature all of the paths are relevant, therefore we are having a just identified model (with no fit indices of course). We used SEM mainly, because the relationship of the 2 outcome variables is important, and it can easily be handled by a path model.
My questions:
1. What are the disadvantages of using SEM here? (besides, that we are not using the full potential of model fitting with the data)
2. If I am not mistaken, we are going to get the same results as applying standard mediation analysis. Is this correct? Can we reference any specific paper, which is dealing with this problem?
3. What other solutions we can have than using two separate mediation models for the two outcome variables?