I read in Kline (2016) p. 147 that
A just-identified structural equation model is identified and has the same number of observations as free parameters.
I read here that
A saturated model is one in which there are as many estimated parameters as data points
Is it the case that saturated models are a more general class of models, which contain just-identified SEMs as a subset?
I understand from discussion in the linked SE thread that saturated models don’t necessarily have perfect fit, and understand from Kline’s book that just-identified models also don’t necessarily have perfect fit. That bit doesn't confuse me. However, I'm wondering:
Is a just-identified model simply a saturated model, but saturated model that also has the following features:
- It’s a structural equation model
- It’s identified
Is it the case that both saturated models and just-identified models by definition have zero degrees of freedom? The quotes above seem to indicate so, but I can't be completely sure the quotes are right or that I've understood them correctly.
Are there just-identified models that exist outside the context of SEM?
Kline, R. B. (2016). Principles and practice of structural equation modeling. Guilford publications.