diff --git a/doc/dynare.texi b/doc/dynare.texi
index b8d7f308f650923752a18dfd0d23ed00f3763fea..356e4d280d73a317a1dc8ff953169d1aca2b132d 100644
--- a/doc/dynare.texi
+++ b/doc/dynare.texi
@@ -835,6 +835,13 @@ line numbering directives.
 Passing this option removes all empty from the macro expanded mod file created
 when the @code{savemacro} option is used.
 
+@item onlymodel
+Instructs the preprocessor to print only information about the model in the
+driver file; no Dynare commands (other than the shocks statement and parameter
+initializations) are printed and hence no computational tasks performed. NB:
+the same ancillary files are created as would otherwise be created (dynamic,
+static files, etc.).
+
 @item nolog
 Instructs Dynare to no create a logfile of this run in
 @file{@var{FILENAME}.log}. The default is to create the logfile.
diff --git a/preprocessor b/preprocessor
index beb99d98cdda587cc8341e0891e3be6ef6c98d4f..5f5fd569dd3127df457e8f17cb6c010c7fc52e30 160000
--- a/preprocessor
+++ b/preprocessor
@@ -1 +1 @@
-Subproject commit beb99d98cdda587cc8341e0891e3be6ef6c98d4f
+Subproject commit 5f5fd569dd3127df457e8f17cb6c010c7fc52e30