I am currently, for the first time, conducting cross-lagged panel analyses to test for temporal precendence in the relationship between two variables. I have two questions:
How do you interpret, in words, the respective cross-lagged coefficients. Is it similar to regression as in (given they are unstandardized): one unit increase in X from t1 to t2 leads to ß increase in Y from t1 to t2?
Secondly, do you typically include time-constant covariates/control variables in the model, if yes how would you do that? - simply running them as multiple regression on X1 and Y1 within the cross-lagged analysis?
Any help would be greatly appreciated.