An Algorithm for FIML and 3SLS Estimation of Large Nonlinear Models
This paper presents a numerical algorithm for computing full information maximum likelihood (FIML) and nonlinear three-stage least squares (3SLS) coeﬀicient estimates for large nonlinear macroeconomic models. The new algorithm, which is demonstrated by actually computing FIML and 3SLS coeﬀicient estimates for two versions of the 97 equation Fair Model, is substantially more eﬀective than other algorithms on FIML and 3SLS estimation problems.
Parke, William R., "An Algorithm for FIML and 3SLS Estimation of Large Nonlinear Models" (1979). Cowles Foundation Discussion Papers. 772.