diff --git a/configure.ac b/configure.ac
index 0dbae033b8398f17ff0f61ef3d75d4e1d4d50ff7..b58b4f86b694f442f559e590f2c981db1a73e74d 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,6 +1,6 @@
 dnl Process this file with autoconf to produce a configure script.
 
-dnl Copyright © 2009-2019 Dynare Team
+dnl Copyright © 2009-2021 Dynare Team
 dnl
 dnl This file is part of Dynare.
 dnl
@@ -18,7 +18,7 @@ dnl You should have received a copy of the GNU General Public License
 dnl along with Dynare.  If not, see <https://www.gnu.org/licenses/>.
 
 AC_PREREQ([2.62])
-AC_INIT([dynare], [4.7-unstable])
+AC_INIT([dynare], [4.7.0])
 AC_CONFIG_SRCDIR([preprocessor/src/DynareMain.cc])
 AM_INIT_AUTOMAKE([1.11 -Wall -Wno-portability foreign no-dist-gzip dist-xz tar-pax])
 
diff --git a/mex/build/matlab/configure.ac b/mex/build/matlab/configure.ac
index e81dd217e00fa6dd30364660137ee163f41c9556..bab4ac5ccf39c47867efbd70c437df7cc9d9fde8 100644
--- a/mex/build/matlab/configure.ac
+++ b/mex/build/matlab/configure.ac
@@ -1,6 +1,6 @@
 dnl Process this file with autoconf to produce a configure script.
 
-dnl Copyright © 2009-2020 Dynare Team
+dnl Copyright © 2009-2021 Dynare Team
 dnl
 dnl This file is part of Dynare.
 dnl
@@ -18,7 +18,7 @@ dnl You should have received a copy of the GNU General Public License
 dnl along with Dynare.  If not, see <https://www.gnu.org/licenses/>.
 
 AC_PREREQ([2.62])
-AC_INIT([dynare], [4.7-unstable])
+AC_INIT([dynare], [4.7.0])
 AC_CONFIG_SRCDIR([configure.ac])
 AM_INIT_AUTOMAKE([-Wall -Wno-portability foreign])
 
diff --git a/mex/build/octave/configure.ac b/mex/build/octave/configure.ac
index 4ac67e6668775ad0df7dc37303e14465a3213a33..af7bcf7e5d7feb32ee47fd0d8a97d534bc654f42 100644
--- a/mex/build/octave/configure.ac
+++ b/mex/build/octave/configure.ac
@@ -18,7 +18,7 @@ dnl You should have received a copy of the GNU General Public License
 dnl along with Dynare.  If not, see <https://www.gnu.org/licenses/>.
 
 AC_PREREQ([2.62])
-AC_INIT([dynare], [4.7-unstable])
+AC_INIT([dynare], [4.7.0])
 AC_CONFIG_SRCDIR([configure.ac])
 AM_INIT_AUTOMAKE([-Wall -Wno-portability foreign])
 
diff --git a/preprocessor b/preprocessor
index bb19d98712f2599380dfc704f98b33531d7414de..0a6b71a375c91ab8418a1c5ce9826702b884cfb9 160000
--- a/preprocessor
+++ b/preprocessor
@@ -1 +1 @@
-Subproject commit bb19d98712f2599380dfc704f98b33531d7414de
+Subproject commit 0a6b71a375c91ab8418a1c5ce9826702b884cfb9