Trigger event on parent click but not on children

Question

If I have a parent div that is positioned absolutely and then a child div that has a higher z-index and is positioned relatively, is there a way to have a click event register only if the parent div is clicked, but not the inside div?

Relevant jsFiddle

Updated fiddle with text input example

Answer 1

$(".parent").click(function(e) {
    if (e.target == this) {
        $(this).hide();
    }
});​

DEMO: http://jsfiddle.net/Bt5HA/4/